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Technical analysis by BTC-HONDA about Symbol BTC: Buy recommendation (7/18/2024)

https://sahmeto.com/message/2347629
BTC-HONDA
BTC-HONDA
Rank: 6353
1.6
Buy،Technical،BTC-HONDA

BTC: My views have not changed and I am still extremely bullish to 90k-100k On the monthly chart, we have been consolidating for months on declining volume. It looks like a symmetrical triangle getting read for 90k-100k This pattern looks very good and falls within our break out time frame range in the coming weeks/monthsAll we've been doing is grinding side ways squeezing out weak hands. Making people bored. Make people lose interest. The breakout is coming. THe most recent candle being bought up looks good as well.With the political situation in the USA, it may very well be the case Trump gets re-elected. If so, it's important to note he's becoming very pro crypto, his VP is very pro-crypto, and he tapped Jamie Dimon(Unconfirmed if he said yes) for his cabinet which is extremely pro-Crypto. It all seems to be lining up for a nice bull marketWe nailed our target

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Signal Type: Buy
Time Frame:
1 month
Profit Target:
$89,755
Price at Publish Time:
$64,921.11
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