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

Hardin_Pitt

BTC/USDT SIGNAL ALERTBTC/USDT is currently respecting a strong ascending channel on the 1H timeframe, signaling bullish momentum in play. After a minor consolidation, price broke above the previous structure high, indicating a possible continuation toward higher levels.We’ve identified a potential bullish path mapped out with three clear profit targets. The price action suggests a breakout from a minor range within the larger channel, offering a favorable long setup.Key Details:•Entry Zone: Current price region near $84,400•Stop Loss: Below the channel support or previous swing low (~$82,800)•Target 1: $88,500•Target 2: $91,000•Target 3: $94,000+ (top of the projected extension zone)Market Structure:•Clean higher highs and higher lows•Price respecting dynamic support of the channel•Bullish flag breakout structure formingBias:Bullish – As long as price remains above the lower trendline, this setup favors buying dips and targeting higher levels.Note:Watch for volume confirmation on breakout. A failure to hold above the channel midpoint may lead to a retest of the support area. Trade safe and manage risk accordingly! TRADE AT YOUR OWN RISK