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Technical analysis by decklyndubs about Symbol BTC: Buy recommendation (5/4/2024)

https://sahmeto.com/message/1768902
decklyndubs
decklyndubs
Rank: 11910
1.5
Buy،Technical،decklyndubs

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 minutes
Price at Publish Time:
$63,475.87
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