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Technical analysis by ProfittoPath about Symbol BTC: Buy recommendation (4/19/2025)

https://sahmeto.com/message/3425188
ProfittoPath
ProfittoPath
Rank: 212

Bitcoin (BTC/USD) – 30-Min Long Setup!

Buy
Price at Publish Time:
$84,520.12
Profit Target:
(+0.73%)$85,137
Stop Loss Price:
(-0.62%)$84,000
Buy،Technical،ProfittoPath

📈 Chart Pattern: Symmetrical Triangle Breakout (Pending confirmation)Bias: Bullish – expecting breakout to the upside✅ Trade Plan – Long PositionEntry: ~$84,521 (on breakout of triangle resistance)Stop-Loss (SL): ~$84,000 (below trendline & consolidation base)Take Profit (TP) Levels:TP1: $85,137 (local horizontal resistance – yellow line)TP2: $85,460 (stronger horizontal resistance – green line)📐 Risk-Reward Ratio: ~1 : 2+🟢 Favorable for momentum entry if volume supports breakout.🔍 Technical HighlightsTriangle formation tightening with decreasing volume → breakout likely soonPrevious breakouts (circled) showed strong follow-throughHorizontal zones respected → key levels remain reliableBullish structure still intact above $84k

Source Message: TradingView
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