Technical analysis by dawsonMoonshot about Symbol BTC: Buy recommendation (7/15/2024)
https://sahmeto.com/message/2687577

dawsonMoonshot
Rank: 24280
Analytical Power:
1.4

After breaking our series of lower highs we've pumped and are beginning to form a Bullflag @ the BTC:65K level. This gave us a clear technical entry and a nice RR, price target.Medium Bullish take: We trade in this pattern through the week, let the momentum indicators rest and then retest the 70k price level by the end of the month.To flip Bearish we would need to completely fade this pump and hold below the $60,000 neckline for 3-5days. I would be careful shorting any retracements, we look upwardly volatile.PS. If you haven't already, check out my thesis on ANTI-FIATs....https://www.tradingview.com/chart/GOLD/JcakqLxO-ANTI-FIATS-Bitcoin-GOLD-on-Track-for-Repeat-300-400/
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$63,540.64