Technical analysis by HuclarkTradingCommunity about Symbol BTC: Buy recommendation (8/12/2024)

Price is at the lower area of the daily range. There is a nice rejection at that area. You can call it a turtlesoup or a morning star or a harami candlestick pattern. The target is first set at about 50% of the weekly range, thus 64,000, then 68,000 and finally the high of the range at about 70,000. I am also opened to leaving the trade run beyond 70,000.