Technical analysis by GarryBlack about Symbol BTC: Buy recommendation (9/14/2024)

BTC's price recently bounced from a strong support zone. A potential Bullish reversal seems in play as the price action has broken the previous Lower High. This is the 3rd Bounce from key Monthly Fibonacci levels since the previous massive Bull rally (along with further confluence from key Fibonacci Harmonic levels on the shorter 4HR time frame). Bounces from these critical levels may eventually lead to the completion of a massive Bullish flag/Cup & Handle Patterns on the Monthly time frames.If price breaks the all time high and crosses 74000, the chances of TP2 will increase. Trade PlanEntry @ 60900Stop Loss @ 52000TP1 @ 69800 OR BW 0.8 - 1 RRTP2 @ 78700 OR Ride further with extra cautionNo. of Trades: 2Move SL to Break Even if TP1 hits.