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Technical analysis by arcone about Symbol BTC: Buy recommendation (6/13/2022)

https://sahmeto.com/message/2682924
arcone
arcone
Rank: 1470

Are we entering an accumulation zone?

Buy
Price at Publish Time:
$23,467.48
Buy،Technical،arcone

In earlier cycles entering below the 200 weekly moving average (blue line) and staying above the 300 weekly moving average has been great accumulation zones. If we extend trendline between accumulation bottom 1 and 2 we end up with a log scale channel that corresponds with the same area.

Source Message: TradingView
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