Technical analysis by amelia789 about Symbol BTC: Buy recommendation (3/20/2025)
https://sahmeto.com/message/3368261

amelia789
Rank: 28093
BTCUSD Bullish Retracement Analysis: Target is 86500
Buy
Price at Publish Time:
$84,018.68
Profit Target:
(+2.95%)$86,500
Stop Loss Price:
(-1.45%)$82,800

BTCUSD Price: 83900My Target: 86500BTCUSD has dropped from 87500 to 83900. Now i think it should retest the upper areas and correct itself before the weekly closing. Now it is showing support to Bitcoin at the price 83900. Remember it is important that h1 candle should be closed above 84000 and if it does then drop momentum would stopped and market would try to retrace and correct itself.My targets:TP1: 85000TP2: 86500Stop Loss: 82800Remember that analysis is not a trading it is just a personal opinion.Kindly like and support if you find this idea helpfulTarget 1: 85000 almost reached as market touched 84900 from our entry zone 83900manually closing this idea at entry point 83900. i will publish a new one with smaller target for weekends
Source Message: TradingView