Technical analysis by MRG0LD2 about Symbol BTC: Buy recommendation (5/25/2025)
https://sahmeto.com/message/3548330

MRG0LD2
Rank: 629
Analytical Power:
3.0

btcusd pair situation is bullish as market is showing support at the postion of 106000 while there is only one resistance 112000 now if market breaks this area then we will see a new high close to or above my target 114000. after hitting high market has not dropped enough which indicate that market is not yet done with the new high. Probably profit will be taken at 115k and from this position we can expect a downward liquidity. Currently market is not showing any sign of drop while its stable status indicates that market is ready to hit a new high. My targets are 109500, 112000 and 114000.TP1 Hit 109500market had reached 110500 from entry zone 106500.Still holding on my targets will published an updated analysis soon
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Signal Type: Buy
Time Frame:
1 hourProfit Target:
$114,000Stop Loss Price
$104,342.39Price at Publish Time:
$107,170.7