Technical analysis by MB2020MB2020 about Symbol BTC: Buy recommendation (9/2/2025)

This chart showcases a significant price movement on a 1-hour timeframe. The price has recently broken out of a well-defined descending channel, indicating a potential shift in momentum. The breakout is accompanied by a decisive break below the trendline, which had previously acted as dynamic support. This move suggests a bearish continuation, with the price testing lower levels. Traders should watch for confirmation through increased volume and potential retests of the broken trendline for support turned resistance. The chart also highlights key horizontal levels that may serve as future support or resistance zones.TP1 done!!!! If you like, please hint.TP1 done If you like, please hint.TARGET REACHED Dear friends, I warmly invite you to like this post, leave a comment with your thoughts, and share it with your friends. Your support truly means the world to me! Your likes, comments, and shares are incredibly inspiring and encourage me to create and share more analysis with you all. Thank you so much for your kindness and encouragement! Warm regards, Max