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

https://sahmeto.com/message/3343234
learningedge
learningedge
Rank: 17143
1.4

Trading Plan Summary for BTCUSD Long Position

:Buy
Price at Publish Time:
$84,364.71
Profit Target:
(+1.11%)$85,300
Stop Loss Price:
(-0.43%)$84,000
Buy،Technical،learningedge

Hypothesis: Long if price closes above 84,500. Entry Criteria: Entry Price: Above 84,500 (15m close). Confirmation: Increase in volume on break. Stop-Loss: 84,000 (below nearest support level). Take-Profit: 85,300 (next resistance level). Position Sizing: Risk 1-2% of capital. Execution Steps: Set alerts for 84,500. Monitor volume for spikes during the breakout. Execute long position on confirmation of breakout above 84,500. Post-Trade: Adjust stop-loss to break-even if favorable. Exit at take-profit or if a reversal signal occurs.

Source Message: TradingView
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