Technical analysis by HolRiz about Symbol BTC: Buy recommendation (6/4/2024)
https://sahmeto.com/message/1955888

HolRiz
Rank: 6729
Analytical Power:
1.5

BTC is forming a beautiful looking cup and handle pattern on the Daily chart. In addition we have bullish hidden divergence on the combined all exchange volume accumulation distribution indicator. All of this of course with the background of the post halving bull run widely predicted to be kicking off any time now and this is looking like an excellent opportunity. Buy on a strong breakout of $71k level. Stop Loss: Below handle at $66k Target: $84.2k
Translated from: English
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Signal Type: Buy
Time Frame:
1 dayProfit Target:
$84,205Stop Loss Price
$66,000Price at Publish Time:
$70,511.46