Technical analysis by MyTradingJournal6th about Symbol BTC: Buy recommendation (7/22/2025)
https://sahmeto.com/message/3652828

MyTradingJournal6th
Rank: 1418
Analytical Power:
2.5

🔹 Price rebounded strongly from key support at $116,400 🔹 Approaching breakout zone near $119,500 🔹 Descending trendline and multiple rejection wicks being tested 🔹 Bullish momentum building — RSI rising, MACD stabilizing, volume uptick visible 🔹 ADX shows trend strength picking up 📈 If breakout confirmed above $119,500: 🎯 TP1: $122,000 🎯 TP2: $127,000 🎯 TP3: $135,000 📉 Below $116,400 = invalidation Bias: Bullish above $119,500, cautious until breakout confirms.
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursProfit Target:
$122,000Stop Loss Price
$116,400Price at Publish Time:
$118,593.42