Technical analysis by Trading_investing_2021 about Symbol BTC: Buy recommendation (3/19/2023)

Trading_investing_2021

IInstrument:BTCUSDChart pattern:Continuation LONG Channel upCandlestick pattern:BearishMost profitable technical indicator after backtest:EMA DYN 120 &EMA 120Current signal of most profitable tech indicator after backtest:LONGMost profitable technical indicator win-rate:50%Technical indicator with maximum win rate % after backtestRSI DYN 14 EMA 200Maximum tech indicator win rate:73%Current signal of tech indicator with maximum win rate %LONGDays for back testing:1744Timeframe for back testing:1DPrice at the time of forecast:27279,000Enter point:27279,000Recommended Take-profit:29451,134Recommended Stop-loss:25568,295Current model trailing stop-loss:25568,295Expected average profit:7,96%Multiple for stop-loss strategy in model: ATR(14) x1,2Average trades per month with optimum technical indicator:1,80Average time for 1 trade with optimum technical indicator:12,37Average profit per 1 trade:7,96%Projected annual return w/o leverage:70,9%Technical analysis applicability for 6580 technical strategies:96%Technical analysis recommendations:Long:96%Short:2%Neutral:2%Probability of success85,5% Stable long-term profit for FOREX, CRYPTO, Equity based on backtesting optimization algorithm together with price action and theory of probability usageRecomended target reached