Technical analysis by decklyndubs about Symbol BTC: Buy recommendation (5/4/2024)
https://sahmeto.com/message/1768902

decklyndubs
Rank: 11910
Analytical Power:
1.5

BTC trend break after jobs data BTC looks poised to test 66, possibly to break it and get to 68. Catalyst is the FOMC words "employment data will give us a reason to cut" then jobs data comes in weak. Rally ensues. Last night down trend was broken, I'm playing a consolidation, looking for the vwap this weekend as a swing which I'll try to scalp inside of. Invalidated under 62kish if the trend line breaks. Watch unemployment on thursday for another possible catalyst.
Translated from: English
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Signal Type: Buy
Time Frame:
30 minutesPrice at Publish Time:
$63,475.87