Technical analysis by David_1_8 about Symbol BTC on 5/6/2025
https://sahmeto.com/message/3487025

David_1_8
Rank: 1318
Analytical Power:
2.6

BTCUSD Analysis Forecast (1-hour time frame)I've identified a potential trading opportunity using various technical analysis tools:Trend Line: Highlights the market trend.Resistance Area: Potential reversal zone.Support Area: Strong level for potential bullish pressure.Change of Character (CHOCH): Highlights market direction changes.Break of Structure (BOS): Indicates continuing trend breaks.Sell Side Liquidity (SSL): Highlights market liquidity where candle wicks sweep.Trade SetupBullish Entry Positions: 93,000, 92,300Targets: 95,700, 97,800Stop Loss: 91,500 (for safety)What do you think about this analysis? Share your insights in the comments below!Use proper risk management.Thanks for support.
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Signal Type: Neutral
Time Frame:
1 hourPrice at Publish Time:
$93,767.53