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Technical analysis by knox_365 about Symbol BTC: Buy recommendation (4/20/2023)

https://sahmeto.com/message/2696595
knox_365
knox_365
Rank: 6443
1.6

must finish above the 200 EMA.BULLISH

Buy
Price at Publish Time:
$28,562.48
Buy،Technical،knox_365

recently stated that Bitcoin's highest support level is between 28000 and 28400. However, based on the current situation with Bitcoin over the past two days, the market has been moving in a downward direction. However, this downtrend was in line with my strategy. Those who followed my plan are without a doubt making money. Bitcoin is at a support level at the moment, and naturally, it is taking support above the 200EMA. However, the RSI indicator reached the 30 level twice in a row, indicating that it was already oversold. From 28 thousand, I am therefore optimistic. We may face a second downtrend, but we must finish above the 200 EMA. Otherwise, 27200 to 27600 is our next common support.BTC

Source Message: TradingView
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