Technical analysis by FXOnTop about Symbol BTC: Buy recommendation (4/27/2025)
https://sahmeto.com/message/3452781

FXOnTop
Rank: 1435
Analytical Power:
2.6

Hi traders! Analyzing BTC/USD on the 1H timeframe, price is moving within a rising channel and finding support at key EMA levels.🔹 Entry: 94,115🔹 TP: 96,005🔹 SL: 92,225BTC is holding above the 100 EMA and respecting the lower boundary of the ascending channel. As long as price stays above 93,300, the bullish structure remains intact, pointing towards a potential move to the 96,000 area.Volume remains stable, and the trend detector continues to signal a bullish bias. A break and close above 94,400 would strengthen the bullish momentum!Watching closely for a confirmation of strength!⚠️ DISCLAIMER: This is not financial advice. Every trader must evaluate their own risk and strategy.🔥
Translated from: English
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Signal Type: Buy
Time Frame:
1 hourProfit Target:
$96,005.02Stop Loss Price
$92,225.68Price at Publish Time:
$94,026.79