Technical analysis by sleepBTC about Symbol BTC: Buy recommendation (3/21/2024)
https://sahmeto.com/message/1606388

sleepBTC
Rank: 26656
Analytical Power:
0.6

IF the low is in, buyers should defend the green left shoulder level.a H4 rejection would be a nice long signalclosing below probably means we're going lowerleft shoulder = support/resistance that is broken twice, meaning BTC was bought back up after closing below the support due to an absent of buyers (bear trap, kind of)Its common for big players to let sellers finish their ordeal so they can start buying the next candle at a good priceTrendline break and retest confluence
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$64,791.13