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 ExpectedMy advice right now is to suspend purchase orders about the level of this area - 45,500- 40,000- 39,500- 39,000- 38,500- 38,300The stop loss is in case Bitcoin closes a weekly candle under the 38000 level, Which is the Fibonacci level of 0.61In 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