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Technical analysis by TheMoneySpark about Symbol BTC: Buy recommendation (12/9/2022)

https://sahmeto.com/message/2662346
TheMoneySpark
TheMoneySpark
Rank: 6062
1.6
Buy،Technical،TheMoneySpark

BTC getting local resistance and volume is dipping. Its still above trend line and forming a triangle pattern but has been respecting it but its too much glued to the lower side. Any Volatility can break it and push BTC to re-test Trendline again. BTC dominance has a resistance at 40.3 so we might see BTC dominance head down which might push BTC further up. Overall the sentiment is still bullish.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$17,211.47
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