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Technical analysis by sobhanjtn about Symbol BTC: Buy recommendation (11/28/2022)

https://sahmeto.com/message/2755746
sobhanjtn
sobhanjtn
Rank: 9167
1.6
Buy،Technical،sobhanjtn

As you see the #BTC Chart, We have been in a Down trend for almost a year .In High time frame , in this case Weekly, we are moving down with a weekly compression, you may call it a wedge.In my opinion, We are gonna complete the down trend in a 3Drive Style, Touching Monthly Demand (12K - 9K ) .The Demand is so powerful that pushed the Bitcoin Price to 60K last time!So I believe this order Block can Reverse the downtrend and send the BTC Price to 30 k Supply and then the Market can range for a while between 12K and 30K until we reach Halving and the start of the new Bullrun !Good Luck my Hodlers! This is Just my Personal point of view , NOT FINANCIAL ADVICE!

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$16,208.93
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