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

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