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Technical analysis by nrnelson5489 about Symbol BTC: Buy recommendation (9/30/2022)

https://sahmeto.com/message/2705291

BTCUSD first idea (amateur trader)

Buy
Price at Publish Time:
$19,564.23
Buy،Technical،nrnelson5489

I like these ascending triangle patterns. I believe we will see a small break out to my target of $20650. In turn I plan on shorting from there. Back down to the support at $18600. Over the last few months we see a descending triangle tightening. I believe it will eventually break out shirt and maybe go down to $14000. I don’t know if it will get that low but I do not think we will see it ever go below $14000. Don’t have a solid target in mind if it indeed breaks out short if the decending triangle. Be kind this is my first idea haha.

Source Message: TradingView
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