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Technical analysis by FX_Jhon about Symbol BTC: Buy recommendation (4/15/2025)

https://sahmeto.com/message/3416489
FX_Jhon
FX_Jhon
Rank: 399
3.1
Buy،Technical،FX_Jhon

This chart shows the BTC/USD 1-hour price action, highlighting multiple rejections around the $85,800–$86,000 resistance zone. The orange circles mark significant price reaction points, and the pink boxes indicate key support and resistance zones.The drawn red arrow suggests a bearish outlook, implying a potential reversal after multiple failed attempts to break the resistance zone. The projection points toward a breakdown with a possible target near the $78,000 support area.This setup resembles a triple top or head and shoulders pattern, both of which are typically bearish reversal patterns.Would you like help identifying entry points, stop loss, and take profit levels based on this setup?ACTIVE TRADE

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$86,000
Stop Loss Price
$78,000
Price at Publish Time:
$85,500.89
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