Technical analysis by SwissMail about Symbol BTC: Buy recommendation (10/13/2021)

We are entering distribution area where a lot of previous top buyers may want to exitNot expecting a pump straight through ATH since its a heavy selling area (thick horizontal line at 57)Instead, could be nice to have a channel going up slowly chewing away at that area before a final pumpRight now might go straight for channel top pre market open or paint IHS to trap bear liquidity to make it easierIf it happens I will be swing trading within this channel, moving increasing focus on altsbtc might have shown near-top just now but crypto has not finished the rally yet, i'll be waiting for the liquidity to move to eth and some alts next