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

Trading_investing_2021

IInstrument:BTCUSD Chart pattern:Continuation LONG Channel up Candlestick pattern:Bearish Most profitable technical indicator after backtest:EMA DYN 120 &EMA 120 Current signal of most profitable tech indicator after backtest:LONG Most profitable technical indicator win-rate:50% Technical indicator with maximum win rate % after backtestRSI DYN 14 EMA 200 Maximum tech indicator win rate:73% Current signal of tech indicator with maximum win rate %LONG Days for back testing:1744 Timeframe for back testing:1D Price at the time of forecast:27279,000 Enter point:27279,000 Recommended Take-profit:29451,134 Recommended Stop-loss:25568,295 Current model trailing stop-loss:25568,295 Expected average profit:7,96% Multiple for stop-loss strategy in model: ATR(14) x1,2 Average trades per month with optimum technical indicator:1,80 Average time for 1 trade with optimum technical indicator:12,37 Average 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