Technical analysis by MALBERT3468 about Symbol BTC: Buy recommendation (7/3/2025)
MALBERT3468

May be consildation market is bullish in up trend .🔍 Key Technical Features:🔸 Trade PlanEntry: Around 109,266Stop Loss: ~108,585 (below the resistance zone)Target: ~110,850 (based on previous highs/extension)🔸 Descending Triangle BreakoutThe chart shows a descending triangle pattern, often a continuation or reversal signal depending on the breakout direction.BTC broke above the descending resistance line, confirming bullish momentum.🔸 Support & Resistance ZonesSupport Area: Around 106,800–108,300 — marked where price consolidated before the breakout.Resistance Zone: Around 108,800–109,300 — previously rejected, now broken.🔸 Breakout & RetestAfter the breakout, BTC rallied strongly.The Entry Zone is marked slightly above the resistance area, suggesting a retest entry strategy — price pulling back to old resistance turned support.📊 Technical Indicators (Visual Clues):The chart uses some form of trend-following indicator (possibly SuperTrend or a custom ribbon) which has turned bullish (green bands).Strong bullish candles after breakout support the upside move.📈 Price Action & Sentiment:Bullish engulfing pattern after touching the support.Strong momentum and clean break through resistance imply institutional interest or high-volume buying.Congratulation guys our half target has been reached around 130+PIPS are in running profit and hold the trades .ok guys market is gamblin our all target is good crossing .