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Technical analysis by HesamUNT about Symbol BTC: Buy recommendation (4/30/2024)

https://sahmeto.com/message/1742681
HesamUNT
HesamUNT
Rank: 6702
1.5
Buy،Technical،HesamUNT

hey traders as u can see, BTC couldnt stablize above the 0.786 fib ext lvl and rejected to the Daily Support area also BTC formed a descending triangle in 2H TF and still playing in the bearish parallel channel we can expect a break down to the Lower Demand zone which confirmed by all-time Fib ext golden Ratio 0.618 if it happen and we go back to the golden Ratio, we can expect another buy pressure. in this case, Bullish H&S will b very Likely for the next moves also this area confirmed by bullish Harmonic pattern so . . . 1- All-time Fib ext 0.618 2- All-time dynamic lvl 3- 4H Demand Zone 4- Potential Bullish Harmonic Pattern 5- Potential Bullish H&S Pattern 6- Break out the Bearish parallel channel all of this strategies make this lvl strong enough for entry if we go back to the golden ratio and it works as a support area, we can expect another AB CD in higher TF same as the chart what u think about BTC ? Share ur chart n leave a comment

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$60,844.65
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