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Technical analysis by AndeWave about Symbol BTC: Buy recommendation (5/14/2025)

https://sahmeto.com/message/3514607
AndeWave
AndeWave
Rank: 4773
1.8
Buy،Technical،AndeWave

The volume profile indicates a clear boundary of the trading range - consolidation support as a target for the current local movement. 102200 - 101400 - panic zone, price may enter this zone, provoke bids (buyers' stoplosses and speculators' sales) and return to the range, which will activate a zone of interest for the market - 103930.Scenario: the price is trading inside the consolidation with clear boundaries - support and resistance. The price is aiming for the support within a bullish trend. False breakdown of support may trigger a rebound and growth. Target 103930 - 105000

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$105,000
Stop Loss Price
$101,400
Price at Publish Time:
$102,982.89
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