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Technical analysis by TheDots about Symbol BTC: Buy recommendation (1/7/2022)

https://sahmeto.com/message/2693892
TheDots
TheDots
Rank: 9422
1.5
Buy،Technical،TheDots

Hi folks!So, I was right about my last post (see linked), so let us see if the buy signal is real!Just posting what I see as a very clear technical buy signal if you consider BTCUSD in isolation of the general market:- Testing massive trendline since last year.- Retesting broken bearish trendline.- Massive bullish div on the 1D- Money Flow index will post buy signal any moment.I believe the 41k-40k is worth a punt (given that the stock market doesn´t collapse today though), and it seems we will get a test of the 40k level (exactly in the cross) very shortly.DYOR.NFA.I wish you all well! :)

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$41,557.9
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