Technical analysis by Theta-Digital about Symbol BTC: Buy recommendation (8/8/2024)

long entry: $57,174 -- stop: $53,700 -- target $75,000long-term uptrend continuation signal:took profit $57,955 -- bid lower: $56.5re-entered lower at $57,150took profit at $58,800bid @ 58.1scaling into long at 59.9fully scaled into longtook profit at $60,650re-entered long at 56.6adding to the long heretaking profitscaling back into long at $58.8taking some profit at 61.3scaled back into full-sized long at 61.1reduced long by 30% at 60.7scaling out of long at 60.3slowly scaling back into long under 58.9took profit 59.4biding sub 57.0scaling back into long 58.4target 60.3 for todaytaking profit at 59.4re-entered at 57.8added 30% to long here at 57.1scaling long out at 58.5at 58.5scaling into long at 58.0reducing long at 58.5long closed at 58.5scaling back into long under 58.0scaled in 2/3 long at 58.0full size long from 58.1reducing size at 58.2fully closed at 58.2scaling back in at 58.3100% long from 58.5scaling out at 58.6scaled position down to 45% at 58.7took profit at 59.1re-entered long at 58.7took profit at 59.3scaling into long at 60.4taking profit at 61.3scaling out of short at 62.2scaling into long under 62.3entered 20% long at 62.330% long at 62.2long 40% now avg. entry 62.2100% long, avg. entry 62.1scaled long to 150% at 58.6reduced long to 75% at 58.8closed long at 58.7