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Technical analysis by The_Paradoxed_Prophet about Symbol BTC: Buy recommendation (5/22/2025)

https://sahmeto.com/message/3540691
The_Paradoxed_Prophet
The_Paradoxed_Prophet
Rank: 572
3.0
Buy،Technical،The_Paradoxed_Prophet

Price is approaching previous highs with strong bullish momentum and no major resistance until the red-marked level around 240,000. Given the breakout structure and Fibonacci confluence, the most likely scenario is continuation toward the 140,000–160,000 range before facing any significant rejection. A stop loss would be prudent just below 91,000, with the initial target set at 139,000, and extended TP zones at 155,000 and 239,000. This trade aligns with a longer-term macro trend.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$139,000
Stop Loss Price
$91,000
Price at Publish Time:
$111,211.54
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