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Technical analysis by Ftradorex about Symbol BTC: Buy recommendation (5/23/2024)

https://sahmeto.com/message/1861841
Ftradorex
Ftradorex
Rank: 4178
1.7

BTC simple analysis: box retest

Buy
Price at Publish Time:
$69,381.05
Buy،Technical،Ftradorex

Chart finished a bearish Elliot Wave and now can u-turn. Since it didn't complete full volume correction, it can go directly to 338% of E.W. fibonacci. Fibonacci is between 2 and 4 of E.W. The boxes are from an hour that was five times repited from a previous HH (or LL). Retest can finish without hitting the box. Sidenote: I have two boxes and don't know which on chart will go, but it will still go up so there shouldn't be any problem.

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