Technical analysis by Fx_Analysis_TRADER about Symbol BTC: Buy recommendation (6/5/2025)
https://sahmeto.com/message/3582044

Fx_Analysis_TRADER
Rank: 802
Analytical Power:
2.7

BTC/USD | Bullish Reversal Setup from Key Support Zone (4H Chart)📊 Text (Idea Description):Bitcoin is showing a potential bullish reversal from a strong horizontal support zone near $101,000. The price recently broke out of a descending trendline and has formed a sharp wick rejection at the support.🟦 Key Details:Support Zone: $100,800 – $101,200Entry Zone: Current Market Price (CMP) ~$101,500Stop Loss: $97,829 (Below support)Take Profit 1: $109,993Take Profit 2: $117,645📈 A breakout and successful retest above the descending trendline may trigger a strong bullish move toward the take profit zones. Risk-to-reward ratio is favorable. Always manage your risk properly.
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$109,993Stop Loss Price
$97,829Price at Publish Time:
$101,678.18