Technical analysis by Edgezone about Symbol BTC: Buy recommendation (8/11/2024)

As I described in my YouTube video, the signs of a short trader massacre seem to be increasing.If the price exceeds the level of 62.750 (Red Line), the target projection in the area of ​​76.400 is considered confirmed and would therefore form an all-time high. Which would mean the liquidation of many short positions at the same time. Entry Long in the current range with a stop below 2 key zones in the area of ​​57.300.If 3 spurts of this movement have established themselves on the daily chart and there is no all-time high, I will leave the position.I wish you good Trades!