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Technical analysis by Algo_Trading_Mql5 about Symbol BTC: Buy recommendation (4/14/2025)

https://sahmeto.com/message/3413487
Algo_Trading_Mql5
Algo_Trading_Mql5
Rank: 1017
2.8
Buy،Technical،Algo_Trading_Mql5

Here's is my 1-Day technical analysis for BTC/USD based on my setup:---Bitcoin (BTC/USD) – 1D Chart AnalysisCurrent Price: $84,500Trendline Breakout: Confirmed (suggesting bullish momentum)Position: Buy InitiatedEntry Zone: $84,000–$84,500---Technical Setup:Breakout Type: Trendline breakout on daily timeframeVolume Confirmation: Look for increased volume on the breakout candle (bullish sign)Support Levels: $81,000 and $78,500Resistance Zones:Target 1: $94,000 – Psychological & Fib resistanceTarget 2: $98,500 – Extended target, may align with overbought RSI levels---Indicators to Watch:RSI: Should stay below 70 for healthy bullish momentumMACD: If bullish crossover confirmed, supports further upsideEMA 50 & 200: Price trading above both = strong trend confirmation---Strategy:Buy Zone: $84,000–$85,000TP1: $94,000TP2: $98,500Stop Loss: Below $81,000 (to protect against false breakouts)---Let me know if you want a chart drawn or an intraday scalping plan based on this setup.trade active

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$81,728.26
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