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Technical analysis by Finn_Oakes about Symbol BTC: Buy recommendation (7/17/2024)

https://sahmeto.com/message/2309429

BTCUSDT: The price continues to be beneficial for buyers

Buy
Price at Publish Time:
$65,637.98
Profit Target:
(+3.83%)$68,151
Buy،Technical،Finn_Oakes

BTCUSDT is currently continuing its recovery, with the price now at 65,500 USD. Utilizing the Fibonacci retracement tool for short-term analysis, it's evident that BTCUSDT has completed its correction at the 0.618 level. Thus, the current strategy should prioritize buying, with a target resistance level of 68,100 USD. That's my perspective and goal. What about you? How do you think we should trade BTCUSDT in this scenario?

Source Message: TradingView
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