Technical analysis by MagnumStrategy about Symbol BTC: Buy recommendation (9/16/2024)

We’re seeing a major downtrend line forming since July 29th. A breakout from this trendline could trigger a solid price pump.There are also reversion zones overhead that might get filled during the breakout.Reversion zones:1st zone: 59.3282nd zone: 61.624👀 Reversion Zone is an area on the chart where the price often returns after deviating. Some zones will be covered by nearby candlesticks, while others may take more time. Also the zone may never be filled, be careful.We're seeing a minor pullback, but there's still room for a breakout soon.⚡️ The first reversion zone at 59.328 is completely filled, I expect the second zone to fill at 61.624. 💥 There is also a breakdown of the trend line