Technical analysis by tsmarts about Symbol BTC: Buy recommendation (6/8/2022)

Hi Traders! This is my first analysis on my account and i am really exited to bring you this. Today we are looking at BTCUSD developing a counter-trend on a daily chart.The price on lower timeframes have stopped trending down and it seems more timeframes are turning bullish. This means we have a chance for a counter trend movement.As of right now bitcoin is struggling to keep prices above 30k and the price level marked as "BRAKING POINT" is the lowest we can go, before counter-trend turn into main trend movement. Alot of sideways movement between 32k and 28.8k until we have a consolidation brake out.If prices stay above 28k, we are expected to hit our "MULTI TOUCH PRICE AREA" around 34k. If you liked my publication, consider liking and commenting my analysis. I will gladly answer any question.The price is at the best buying price this market structure provides, this is a critical level. The higher timeframe closings will be important - daily and weekly. Some belive we are crashing hard, but not as of right now.