Technical analysis by Tempo_Trades about Symbol BTC: Buy recommendation (5/5/2025)
https://sahmeto.com/message/3483232

Tempo_Trades
Rank: 53
Analytical Power:
3.8

BTCUSD has broken the lower highs and resistance trend line on the daily chart after forming bullish divergence on RSI. RSI divergence signals reversals and in BTC's case, it has led to the break of lower highs (bullish reversal) and continuation of the overall bullish trend on higher timeframes. I am expecting BTC to create a higher low around the support zone and continue its upward momentum!
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Signal Type: Buy
Time Frame:
1 dayProfit Target:
$97,850.49Stop Loss Price
$86,255Price at Publish Time:
$93,845.6