Technical analysis by money_magnet2 about Symbol BTC: Buy recommendation (5/6/2025)

This chart shows a potential bullish reversal pattern in Bitcoin's price (BTC/USD) on the 30-minute timeframe. The pattern resembles an inverse head and shoulders, marked by the orange circles and the green horizontal support line.Key elements:Entry Point: Near the green arrow at support (around $93,677).Stop Loss: Just below the support zone (red area).Take Profit: Near the previous resistance (top green zone, around $95,644).Risk/Reward: Favorable, as the potential reward is significantly higher than the risk.The chart suggests a buy trade setup assuming the support holds and price follows the projected blue path upward.Would you like help analyzing whether this pattern is reliable based on current market data?ACTIVE TRADE