Technical analysis by EA_GOLD_MAN_COPY_TRADE about Symbol BTC: Buy recommendation (8/3/2025)

: Bitcoin / U.S. Dollar (BTC/USD) Timeframe: 15-minute Current Price: ~113,950 USD 🔹 Trade Setup Details ✅ Entry Point Marked at 113,564 This is near the recent consolidation zone and minor resistance turned support. ✅ Stop Loss Placed at 113,123 Below the yellow support area; this level protects against downside volatility while allowing some breathing room for price fluctuations. ✅ Target Point (Take Profit) 115,964 – 115,972 This is a previous strong supply zone / resistance area. ✅ Potential Gain Approx. 2,472 points (~2.18%) move from Entry to Target. 🔹 Trade Rationale Bullish Reversal: After a significant downtrend, the price formed a double bottom and broke above the minor resistance (Entry zone). Momentum Confirmation: The recent bullish candles suggest buying interest stepping in. Risk/Reward: Favorable ratio—approx. 2:1 or higher (reward twice the risk). 🔹 Key Levels Support Zone: 113,123 – 113,454 Entry Zone: 113,564 Target Zone: 115,964 – 115,972 🔹 Notes & Considerations Watch for reaction around 114,500 – 115,000, where interim selling pressure could appear. Manage position sizing carefully, as BTC can have sudden volatility. Confirm momentum on lower timeframes (e.g., 5 min) before entering to avoid false breakouts.