Technical analysis by MafeoFerrari about Symbol BTC: Buy recommendation (9/29/2024)
https://sahmeto.com/message/2866845

MafeoFerrari
Rank: 16809
Analytical Power:
1.4

Will we see a major correction in the King of the crypto market? I think so. If it is a double combo, the low has been seen at 49.2K otherwise, if there is going to be an expanding triangle, we may see a new low between 45K and 42K. I can see a clear major correction towards the price of 45K before reaching a new ATH and therefore once again a new oportunity to increase holdings.The daily pattern was completed as expected. Now we will see if there will be only one correction before the new bullish cycle begins, or if there will be a correction to complete the expanding triangle.Confirmed, double combo for the fourth (4) wave. Rise to a new ATH!
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Signal Type: Buy
Time Frame:
1 dayPrice at Publish Time:
$65,544.52