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Technical analysis by afinalboss about Symbol BTC: Buy recommendation (8/16/2024)

https://sahmeto.com/message/2543471
afinalboss
afinalboss
Rank: 11855
1.5
Buy،Technical،afinalboss

Showing the same overlay and levels as the linked idea but simply highlighting the anticipated bullish path we could take higher.The idea on the buy would be we have clearly been moving higher and we're at the current lows of a range (sideways action), so basic price action says the trend is your friend.From an ICT perspective we have created a Monthly FVG and since dropped back into and filling it nicely. Price looks as if its solidified itself within the Gann Box (highlighted circle) and could very well be bouncing from and either directly reversing higher or slowing progressing higher along the "vibration or harmonic" that price found support on (major 45º angle within the Gann Box).

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$58,174
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