Technical analysis by lauralea about Symbol BTC: Buy recommendation (3/26/2022)

lauralea

Volatile so giving your stop some room under price may be a good idea.Big Bullish Shark which landed on the 0.886 but the shark can also complete at the 1.113. Small Bullish Bat that landed at the .886 noted. The alternative Bat lands at the 1.113. The 2 patterns have this in common. However there are other differences being peak 2 is lower than peak 1 on the bat and peak 2 is higher than peak 1 when looking at a shark pattern When you see a crooked M with peak 2 higher than peak 1, you may be looking at a cypher or a shark.Price is over the 50 day SMA and is also over the 20. The 20/blue is on the rink of crossing up and through the 50/orange. The 50 is sloping up.The alligator consists of short term averages and responds to price much quicker than the longer term moving averages. William's Alligator (red, white and blue) looks bullish and is pointing up.No recommendation.Larger type are targets 1 and the smaller type are targets 2 if targets 1 are surpassed.CMF is positive at this time.The beautiful thing about gambling is that everybody thinks they can play. (o:4/3 The 200 DMA/red/appears to be causing resistance as of late