Technical analysis by smwajeeh about Symbol BTC: Buy recommendation (6/20/2024)
https://sahmeto.com/message/2059577
smwajeeh
Rank: 5502
Analytical Power:
1.7

BTC looking bullish for next few weeks. It can certainly go and test $62k to $60k region. However, as per my TA, it's already hit the local bottom and need good bounce from here. Taking a swing long for next few weeks from 65K on the basis of following confirmations. Confirmations on Daily TF: - Bull Flag Breakout and Retest - 0.5 Fib Level Retracement at $64200 region - Stoch RSI oversold at around 1 region Trade Setup: Entry: $65000 TP: $81500 SL: $59999Trade closed: stop reached: SL Hit. I I am still bullish for next few weeks. Will reanalyze and post a new chart idea soon.
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$65,047.59