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Technical analysis by nothingchangehere about Symbol BTC: Buy recommendation (5/1/2025)

https://sahmeto.com/message/3469802
nothingchangehere
nothingchangehere
Rank: 563
3.0
Buy،Technical،nothingchangehere

https://www.tradingview.com/x/ToxfRxQN/The recent several candles is a consolidation along the resistance.K3 nearly close below the uptrend line.So, the possibility of the following candles fall to test the support increased.If K4 or the following candles close below K3, It will verify the expectations,And I will try to buy it at 0.382-0.5fib area.On the other hand,If K4 or the following candles close upon K1,Another bull run will start here to test 97-99K area.Long-88.8K/Target-102K/Stop-86.8KLong-95.7K/Target-97K/Stop-94.7K

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$102,000
Stop Loss Price
$86,800
Price at Publish Time:
$94,280.1
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