Technical analysis by ANROC about Symbol BTC: Buy recommendation (9/4/2024)

20 SMA - Blue200 SMA - PinkYes, I got this from Coin Telegraph:I was monitoring the selling pressure and the new falling trend; Coin Telegraph recently posted the news regarding the liquidity sweep. They claim it's done. (Be Aware!)The report gave me the necessary confirmation I was looking for in terms of structure.For now, let's just monitor the falling channel carefully on 8 HRS to see how far price is respective.IT IS MY FAVOURITE INDICATION OF A POSSIBLE REVERSAL ON THE HORIZON[Please go and study this pattern carefully for intraday entries]BE AWARE!! - Further decline is always possible.In case of a successful breakout: TP : 61000