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Technical analysis by NovaFX23 about Symbol BTC: Buy recommendation (3/15/2025)

https://sahmeto.com/message/3341334
NovaFX23
NovaFX23
Rank: 11833
1.5
Buy،Technical،NovaFX23

Bitcoin formed an inverted head and shoulders pattern on a 4 hours chart. With the release of some fundamental news from US, the market surge and violated its neckline and falling trend line.2 broken structures compose the expanding zone.I will look for a long position from there,anticipating a bullish continuation at least to 88,043.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$88,043.97
Stop Loss Price
$84,000
Price at Publish Time:
$84,152.27
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