Technical analysis by TrendmasterOfficial about Symbol BTC: Buy recommendation (3/17/2022)

The FOMC meeting was for all intents and purposes a neutral/positive result at least in the midtermA .25% increase seems to have already been priced in, we just have to wait until the end of the week to see if that theory is valid. BTC gained the Daily S/R at 40.7k with a great previous daily close and currently holding the level We are still center range in the grand scheme of things Still locally long from the gain of the previous Daily S/R at 38.2k The medium trend is still up and even if we retrace to 39.6k with a wick and hold its would be a healthy retracement Bullish Daily would be testing/gaining 42k. If the "Boys" want to be mean and send it back down, expect a local grab of short liquidity before retesting previous local lows- Still in Scalp Mode, so take profits quickly and generously, and be aggressive and tight with your Stoploss