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Technical analysis by UAE_USA_GOLD_TRADERS about Symbol BTC: Buy recommendation (5/30/2025)

https://sahmeto.com/message/3563682
UAE_USA_GOLD_TRADERS
UAE_USA_GOLD_TRADERS
Rank: 1685
2.4
Buy،Technical،UAE_USA_GOLD_TRADERS

Bitcoin is showing signs of a potential reversal on the 15-minute timeframe. A Falling Wedge pattern is forming, often seen as a possible early signal for upside continuation.📌 Technical Overview:Price is currently testing the wedge resistance.If price breaks out and retests the wedge, it could lead to a continuation toward the 108,995–109,199 zone.Strong horizontal support seen around 104,636.Bullish price action forming higher lows.📈 Breakout Confirmation:A clear breakout and retest of the descending trendline could initiate momentum toward the upper resistance zone.🟢 Target Area: 108,995–109,199🔴 Support Level: 104,636⚠️ Invalidation: Below 104,300 zone🔎 Always observe price action and volume confirmation before making decisions. Use proper risk management.trade active nowhold for 6 hours

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Profit Target:
$109,199
Stop Loss Price
$104,300
Price at Publish Time:
$105,757.45
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