Technical analysis by NineDragonsVenture about Symbol BTC: Buy recommendation (9/23/2024)

Good moment to catch a good RR . Risk less because it s high chance of SL but everything is aligned and it s worth giving a shot . 4h engulf above weekly open and MA's bouncing from channel's bottom gives us a good chance of bouncing from here . If momentum holds this can go to TP2 too. Will update later I think I'll keep SL manual in case of spikeI will not get fooled by the channel fakeout . We are closing inside again with a 4h engulf