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Technical analysis by WadeYendall about Symbol BTC: Buy recommendation (5/26/2021)

https://sahmeto.com/message/2680536
WadeYendall
WadeYendall
Rank: 5943
1.6
Buy،Technical،WadeYendall

If this base can breakout and hold there may not be a flush to 27k as everyone expects. 50K will remain a tough level to break through so stay mindful of the overhead resistance.Breakout above 40k failed so retest of lows incoming. If the lows fail watch the 27/25k level carefully. As I stated before many expecting this test and flush below the recent 29K low. A new low would likely bring in a new wave of buyers who have been patiently waiting for this potential move. Lets see what happens.Waiting .... Still trying to confirm a base. Currently stuck between 40k resistance and 30k support.So close to confirming a base breakout then Elon tweets a meme. He is obviously aware of technicals. Why he did it I have no clue.

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