Technical analysis by ProfittoPath about Symbol BTC: Buy recommendation (5/9/2025)

📈🔹 Asset: Bitcoin (BTC/USD)🔹 Timeframe: 30-Minute Chart🔹 Setup Type: Bullish Pennant Breakout (Trend Continuation)📌 Trade Plan (Long Position)✅ Entry Zone: Around $102,889 (Breakout confirmation above pennant)✅ Stop-Loss (SL): Below $101,190 (Support and pennant invalidation)🎯 Take Profit Targets📌 TP1: $105,183 – Previous resistance zone📌 TP2: $107,636 – Measured move target📊 Risk-Reward Calculation📉 Risk: $102,889 - $101,190 = $1,699📈 Reward to TP1: $105,183 - $102,889 = $2,294 → R/R = 1:1.35📈 Reward to TP2: $107,636 - $102,889 = $4,747 → R/R = 1:2.79 ✅🔍 Technical Highlights📌 Bullish pennant formed after strong uptrend📌 Volume contraction inside the pennant (ideal pattern behavior)📌 Breakout above resistance suggests continuation📌 Higher lows + strong trendline = bullish strength📈 Execution Strategy📊 Enter around $102,889 after confirmed breakout📉 SL below $101,190 to protect capital💰 TP1 at $105,183, let profits ride to TP2 ($107,636)🚨 Invalidation Risk❌ Drop below $101,190 cancels the breakout pattern❌ Weak breakout with low volume = lower conviction🚀 Final Take✔ Classic breakout continuation pattern✔ High potential with great R:R profile✔ Let trend do the work, but stay disciplined!