Technical analysis by CryptoAnalystSignal about Symbol BTC: Buy recommendation (7/8/2025)

#BTC The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We are seeing a bounce from the lower boundary of the descending channel. This support is at 107600. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside. There is a major support area in green at 107217, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We are looking to hold above the Moving Average 100. Entry price: 108337. First target: 108844. Second target: 109275. Third target: 109728. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.#BTC First target: 108844 Reached Second target: 109275 Reached Third target: 109728 Reached