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Technical analysis by TheSignalyst about Symbol BTC: Buy recommendation (7/6/2025)

https://sahmeto.com/message/3616233
TheSignalyst
TheSignalyst
Rank: 1806
2.4
Buy،Technical،TheSignalyst

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.📈BTC has been bullish trading within the flat rising wedge marked in blue and it is currently retesting the lower bound of the wedge.Moreover, the orange zone is a strong demand.🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of demand and lower blue trendline acting as a non-horizontal support.📚 As per my trading style:As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)📚 Always follow your trading plan regarding entry, risk management, and trade management.Good luck!All Strategies Are Good; If Managed Properly!~Rich

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$111,000
Stop Loss Price
$107,000
Price at Publish Time:
$108,151.95
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