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Technical analysis by vile_virus about Symbol BTC: Buy recommendation (5/9/2024)

https://sahmeto.com/message/1791677
vile_virus
vile_virus
Rank: 15478

$BTC 4 hr tf OBV squueze

Buy
Price at Publish Time:
$61,971.16
Buy،Technical،vile_virus

It appears to be getting a reaction at the range lows. We have a confirmed bullish divergence on the daily tf. The current impulse is positive for bulls and we are reclaiming the 4 hr tf ichomoku cloud. I would be aiming for the 200 EMA (4 hr) for a target and re-evaluate. The indicator standing out is the OBV BB. Bands are squeezing with momentum to upside.

Source Message: TradingView
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