Technical analysis by cryptotalk_et about Symbol BTC: Buy recommendation (5/21/2024)
https://sahmeto.com/message/1856397

cryptotalk_et
Rank: 2022
Analytical Power:
2.3

Megaphone breakout. Currently Bitcoin is on a process of a breakout from the bullish megaphone pattern formation. If the retest can handle the pressure from sellers...this is going to be insane. Higher timeframe looking so super bullish. No more caption needed. Will be updating the idea once we confirm the breakout+retest of the current candle stick weekly close.The 4H chart confirmed a breakout of an inverse head and shoulder pattern formation.
Translated from: English
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Signal Type: Buy
Time Frame:
1 weekPrice at Publish Time:
$71,295.55