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Technical analysis by Trader-Louis about Symbol BTC: Buy recommendation (3/2/2025)

https://sahmeto.com/message/3286960
Trader-Louis
Trader-Louis
Rank: 32205
1.1
Buy،Technical،Trader-Louis

"BTC/USD has recently encountered a strong pullback, creating an opportunity for a potential reversal. A clear support level around $85,000 is in play, and price action suggests a strong recovery could follow from this zone. With the market structure indicating an upward trend post-correction, I expect BTC to test higher levels, potentially targeting $100,000 and beyond.Key Support: $85,000Target Zones: $95,000 and $100,000Confirmation: Look for a bullish reversal pattern around the $85,000 support level.Keep an eye on the price action for confirmation, and trade safely. Remember, these setups can evolve, so stay flexible."

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$100,000
Stop Loss Price
$85,000
Price at Publish Time:
$94,111.76
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