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Technical analysis by C_EWAVE13 about Symbol BTC: Buy recommendation (12/18/2021)

https://sahmeto.com/message/2671520
C_EWAVE13
C_EWAVE13
Rank: 9215
1.5
Buy،Technical،C_EWAVE13

Hi everyone 👋🏽🕊 Wish y'all have a profitable lifestyle 🍀📌 BTCUSDT- Daily Time Frame - Candlesticks 📌 Bull Flag - Fractal - Support Resistance zone 📍So, BTC is playing around the 45k - 48k price zones lately and decisions are really hard to make at the moment. Therefore most of the traders have no clue in which direction price may go further. 📍I can see a possible bull flag here like the one we have seen at September this year.📍 This bull flag is also combined with a three drive pattern which also can be seen here in the chart. Both scenarios are bullish for mid-long term 📍 There is also a bullish divergence in daily time frame in RSI which can make the price growBUT📍 There are a couple of new scary bearish signs in sight, like: 1- HUGE monthly bearish divergence 2- Double Top in monthly time frame 3- Double Top in weekly time frame 4- Double Top in daily time frame 5- Close of the RSI below 50 level in weekly time frame6- Daily ichimoku cloud 7- POSSIBLE Death cross in daily EMAs 8- Close of daily candles under the 200 EMA👉🏼 Here is the RSI bearish divergence along with double top pattern which is really scary, and the scariest bearish sign that can reverse the price 📝 In conclusion, 40k-44k price zones is very important; once they are broken we have to worry for long and mid-term price reversal 📝 The next very important price zone is the 29k-32k; we can expect a very long wick to those levels once the 40k level is lost👉🏼 Here is my bullish flag TA in 27. September which did not get enough attention and everyone was worried about the price reversal :)📝 As a matter of fact this time I'm less bullish with all those bearish signs! THIS IS NOT A FINANCIAL ADVICEPLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITIONGOOD LUCKNP TRADERSome good bullish signs are seen in H:4 time frame Double bottom Price came out of the ichimoku cloudSo we have seen a very professional bull trap at that point along with the fake breakout

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$46,848.78
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