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Technical analysis by linofx1 about Symbol BTC: Buy recommendation (9/3/2025)

https://sahmeto.com/message/3751538
linofx1
linofx1
Rank: 106
3.6
Buy،Technical،linofx1

It appears that there are two strong bullish confirmations for 📈BITCOIN after testing a significant daily support cluster. The price has violated a trend line within a falling channel, along with the neckline of a double bottom pattern, as indicated by a single, robust bullish candle. It is possible that the pair could continue to increase in value, potentially reaching the 113,242 level before encountering the next resistance.📈 Bitcoin is set to rebound from a crucial daily horizontal support level. Our confirmation comes from the formation of an inverted head and shoulders pattern on the hourly chart, along with a break of its neckline. Target - 117,000.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$116,111
Price at Publish Time:
$111,242.6
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