Technical analysis by Mahmoud_Salama about Symbol BTC: Buy recommendation (9/26/2021)

Mahmoud_Salama

I see that the bitcoin is creating a positive technical pattern that will be broken soon when the bitcoin reaches the area between 38 thousand to 40 thousand because it is a very strong area with many pending purchase orders, and it will be launched from it to break the flag pattern and start a new bullish wave that achieves the goals that I Expected My advice right now is to suspend purchase orders about the level of this area - 45,500 - 40,000 - 39,500 - 39,000 - 38,500 - 38,300 The stop loss is in case Bitcoin closes a weekly candle under the 38000 level, Which is the Fibonacci level of 0.61 In the end, this is my personal opinion, and it may be right or wrong. I wish everyone the best of luck.A second analysis has been published with more details