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Technical analysis by Raza1527 about Symbol BTC: Buy recommendation (3/11/2025)

https://sahmeto.com/message/3318406
Raza1527
Raza1527
Rank: 2828
2.1
Buy،Technical،Raza1527

BTC has reacted exactly as expected from the Reversal Area, bouncing back with significant strength. The price action suggests a potential move toward the 85K-86K resistance zone, where we will look for a breakout or rejection confirmation. Technical Analysis:Support Held: BTC respected the Reversal Area, leading to a bullish response.Potential Trendline Break: The descending curve may soon be invalidated if BTC maintains momentum.Key Resistance Ahead: The 85K-86K zone is a supply area where sellers could step in. Trading Plan:Bullish Case: A strong breakout above 86K could trigger a move toward 90K+.Bearish Case: A rejection could offer another buying opportunity near 78K-80K.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$86,000
Stop Loss Price
$80,000
Price at Publish Time:
$77,257.17
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