Technical analysis by Teknoman5151 about Symbol BTC: Buy recommendation (3/12/2022)

In Bitcoin, 89 -day EMA (yellow average) should be monitored in the daily graph. Although there are small violations in between, the trend follows beautifully. After the last summit, the price of around $ 56,000 is below 89 EMA and sells it. He doesn't give it any more. Currently passing through 42,800. I think it will coincide with a figure of 42,500-42,000 until the Al signal arrives. If the price rises above average and remains over two days, the process can be entered. A new rally can start. Carefully examine 89 EMA has always made a rally. Other criteria should be used for sales. Trend line and so on. Because the price is far from the average. 37,500-45.500. Whichever of these two numbers breaks, the direction goes there. Two separate fibonacci drawing figures are in the graph. Important levels. When one is passed, the other is the target. The last decline still has not taken 0.618. 55.279 dollars should be seen to me. Absolutely not an investment advice. Sequential resistors are in the graph. The appearance is positive.