Technical analysis by KeN-WeNzEl about Symbol BTC: Buy recommendation (5/9/2025)

1. Trade Direction: Long•Trend Alignment:•Daily: Strong uptrend resumption with higher highs, higher lows, and price reclaiming above key moving average. RSI > 70 indicates strong momentum.•15-Min: Bullish breakout from consolidation, steep EMA slope, MACD rising, momentum increasing.•3-Min: Intraday momentum continuation pattern. Clean bullish price structure.•MACD (All Timeframes): Strong bullish crossover, rising histogram — confirming trend strength.•RSI (All Timeframes): RSI not yet overextended on lower timeframes, suggesting room for more upside.•Price Action: Recent breakout with healthy retracement structure and no major bearish divergence.•Fundamentals (Contextual):•BTC crossing $100K is a psychological milestone likely to invite more inflows.•Macro environment remains supportive for digital assets (inflation hedge, fiat debasement narrative).•Strong market sentiment and volume suggest continuation potential.⸻2. Trade SetupEntry:•Entry Zone: $102,800 •Price is consolidating above previous resistance (~$102,000), now acting as support.Stop Loss:•SL: $101,200•Below most recent intraday swing low and EMA on lower timeframes, giving it enough room.Take Profit:•TP: $106,800•Near the next psychological level and extension target from recent measured moves. BTCUSD1:1 RRR REACHED, MOVING SL TO BE FOR A RISK FREE TRADE