Technical analysis by Paradigm9 about Symbol BTC: Buy recommendation (8/30/2024)
https://sahmeto.com/message/2574119
Paradigm9
Rank: 30723
Analytical Power:
0.7

Swing Failure Pattern: The "Composite Operator" ran the lows, forcing the most long liqs & stops set by retail below at most obvious level, enabling the operator to buy the most inventory, at the best price in the least time (Lowest cost). Then trap bears on close above level. Liq'd longs forced to chase and bears all stuck, forcing a bottom, strong reversal, into a full on short squeeze that breaks all time highs and takes bitcoin into price discovery.We are in an uptrend. Don't fumble now.PS: Text box in chart is incomplete, so I rewrote it here
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$59,256.45