Technical analysis by CFcryptoTA about Symbol BTC: Buy recommendation (9/12/2022)
https://sahmeto.com/message/2539640

CFcryptoTA
Rank: 6971
Analytical Power:
1.5
BTC forming a bottom
:Buy
Price at Publish Time:
$21,602.8

There is a chance that BTC is finally forming a bottom here. We have the characteristics of a double bottom in place here. The volume is expanding on the last move up after a selling climax on the first bottom and selling volume shrinking on the second bottom. This formation is a textbook Eve and Eve formation. It is the most reliable among the double bottom with very low failure rates. Traders will need to be patient and buy a valid breakout. So fasten your seatbelt, because either way it will be a rocky road. FOLLOW ME, SHARE, LIKE AND COMMENT.
Source Message: TradingView