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Technical analysis by Ftradorex about Symbol BTC: Buy recommendation (5/14/2024)

https://sahmeto.com/message/1811077
Ftradorex
Ftradorex
Rank: 6439
1.5
Buy،Technical،Ftradorex

BTC is bearish but freezed as if it's in an accumulation state. If it keeps bouncing up, bullish scenario should appear to make few volume corrections left behind. High volume candle needs to be corrected.Volatility is disordered now that even affects other markets. USD is probably trying to take the lead.This will be the second attempt.SL on profit. Always do this. USD is on the lead. Bullish power should persist for ten candles unless there is a giant bullish spike, but I don't think so.Volume correction has been done. TP would be wise. I'll let it open until second green wave appears.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$61,789.8
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