Technical analysis by CryptoSanders9563 about Symbol BTC: Buy recommendation (11 hour ago)

Chart Pattern:The chart clearly shows an Inverse Head & Shoulders structure:Left ShoulderHeadRight ShoulderThis is a strong bullish reversal pattern. Moving Averages:Price hovers near the 100-day and 200-day MA, acting as a strong support zone (around $90k–$95k).This area is critical for sustaining long positions.Expected Move:Strong bullish potential towards the $113k–$115k zone, aligned with the upper trendline target.RSI also suggests room for a bullish recovery from this zone.Trade Plan: Ideal Entry: Near $90k–$95k (Right Shoulder area) Stop Loss: Just below $88k Target: $113k–$115k This structure is very favorable for long positions if the price confirms strength within the right shoulder zone.