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Technical analysis by hnizdos about Symbol BTC: Buy recommendation (8/22/2021)

https://sahmeto.com/message/2536867
hnizdos
hnizdos
Rank: 4522
1.8
Buy،Technical،hnizdos

My take on what is gonna happen: BTC is currently forming a bull flag, which should break up, within few days, taking us above 51k. There, after hitting a major resistance (golden pocket, measured from ATH to 29k) we should finally make a significant correction. Depending on the sell pressure, that would take us back to either 47k or even 42k, probably ending in late September. From there on, BTC would be primed for further rally, possibly taking us to around 100k

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Price at Publish Time:
$49,321.65
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