Technical analysis by TheSignalyst about Symbol BTC: Buy recommendation (5/13/2025)
https://sahmeto.com/message/3510652

TheSignalyst
Rank: 30889
Analytical Power:
1.2
BTC - New Short-Term Long!
Buy
Price at Publish Time:
$103,782.72
Profit Target:
(+1.17%)$105,000
Stop Loss Price:
(-4.61%)$99,000

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.📈BTC has been overall bullish trading within the rising channel marked in blue.Moreover, the green zone is a strong demand and structure.🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting non-horizontal support.📚 As per my trading style:As #BTC retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)📚 Always follow your trading plan regarding entry, risk management, and trade management.Good luck!All Strategies Are Good; If Managed Properly!~Rich
Source Message: TradingView