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Technical analysis by TheTophyr about Symbol BTC: Buy recommendation (6/2/2021)

https://sahmeto.com/message/2637550
TheTophyr
TheTophyr
Rank: 6378
1.6
Buy،Technical،TheTophyr

Looks like BTC will be trading side ways. I will be buying the dips here while support accumulates. The resistance at this level is very thin. I expect another fall to come with low volume (comparatively) to shake out the loose hands, with a pop back up. I will be surprised if it breaks below 35k, at most it could retest 30k without volume (bear trap), but with a massive bounce back up to 35k again.Alt coins will not like this moment. Possibly a good buy setup. ADA surprisingly has been largely unaffected by BTC's retraction. However, it is holding a little high.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$33,798.01
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