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Technical analysis by charleschinche66364 about Symbol BTC: Buy recommendation (5/9/2023)

https://sahmeto.com/message/152729
charleschinche66364
charleschinche66364
Rank: 8151
1.5
Buy،Technical،charleschinche66364

Bitcoin BTC - 4 hour candle four hour candle is printing. a bullish harami, hammer, and piercing / possible bullish engulf within the last 5 candle sticks. to me this signals a possible reversal although everyone is wanting btc to fall to 25k i dont believe this will happen just based on the fact that everyone is hoping for a 25k drop and every elliot wave pattern technical analyst sees the same thing. i think it will suprise people and bounce from 27200-27400 area to at least 28300 short term to possbile break out at 29300 and move towards 30k+.Comment: i say 28300 due to the facct that the previous symeterial triangle trend line was drawn there. it is possible that we go to 28300 to complete a 4th wave and the finish off 25k to create a 5th wave (i personally dont think its likely at least not yet).

Translated from: English
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Signal Type: Buy
Price at Publish Time:
$27,643.14
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