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Technical analysis by TheSignalyst about Symbol BTC: Buy recommendation (8/30/2025)

https://sahmeto.com/message/3742632
TheSignalyst
TheSignalyst
Rank: 220
3.2
Buy،Technical،TheSignalyst

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈BTC has been overall bullish trading within the rising wedge pattern marked in red. This week, BTC has been retesting the lower bound of the channel. Moreover, the orange zone is a strong strong and previous all-time high. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower red trendline and previous ATH. 📚 As per my trading style: As #BTC is around the blue circle zone, I will be looking for trend-following 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! ~Richard Nasr

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$116,000
Price at Publish Time:
$108,466.7
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