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Technical analysis by TRADE_CENTER_1 about Symbol BTC: Buy recommendation (5/11/2025)

https://sahmeto.com/message/3501892
TRADE_CENTER_1
TRADE_CENTER_1
Rank: 2246
2.3
Buy،Technical،TRADE_CENTER_1

The chart shows BTCUSD on the 1-hour timeframe trading within an **ascending channel**, indicating a bullish structure. Price is currently near the mid-upper zone of the channel around 104,456. A potential **short-term pullback** is projected toward the lower channel boundary (around 104,000–103,900 zone), possibly testing support and the EMA.If the support holds, a bullish continuation** toward the upper boundary of the channel near 105,690 is expected. Break of structure (BOS) points and higher lows support the bullish bias, with the Ichimoku cloud also offering dynamic support.here are potential take-profit (TP) levels for BTCUSD on the 1-hour timeframe:TP1: 105,000 – Minor resistance within the channel.TP2: 105,690 – Upper boundary of the ascending channel (main target).TP3 (Extended): 106,000 – Psychological round number if momentum is strong and there's a breakout.Make sure to monitor price action near the channel top for rejection or breakout confirmation.Congratulations all target achieved

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$105,000
Stop Loss Price
$103,900
Price at Publish Time:
$104,467.64
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