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Technical analysis by TradingChimp503 about Symbol BTC: Buy recommendation (3/18/2023)

https://sahmeto.com/message/2760972
TradingChimp503
TradingChimp503
Rank: 11585
1.4
Buy،Technical،TradingChimp503

As we've cleared and closed with good volume above resistance at $27,450. So now its important to identify our next levels of interest. BTC must hold $25,500 as support, this is key in many ways. 1) To keep up the stair-step concept and keep up the momentum. 2) Re-validate $25.500 as a long term key level for BTC 3)To push whales and institutions to buy higher 4) we want BTC to respect EMA8 support as that means lots of steam. EMA8 is above $25.500 As of now, I will follow my trade using a manual trail stop order.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$27,456.05
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