Technical analysis by snour about Symbol BTC: Buy recommendation (4/13/2025)
https://sahmeto.com/message/3411238

snour
Rank: 3378
Analytical Power:
1.8
Bitcoin Towards 118000
Buy
Price at Publish Time:
$83,304.41
Profit Target:
(+41.83%)$118,150
Stop Loss Price:
(-1.57%)$82,000

Daily chart,The Bitcoin BTCUSD has just formed a falling wedge pattern, down from the highest High 109356.Some consolidation may happen in the range 86000 to 82000.Closing above 86000 for 2 days will give a strong buy signal for a bullish movement, and the target will be 118150 passing through the shown resistance levels.Consider the Stop Loss below 82000Note: Always place a near profit protection level, as the BTC is volatile.
Source Message: TradingView