Technical analysis by Monstralian about Symbol BTC: Buy recommendation (10/6/2024)

As I always say , predicting the price mouvement in the short timeframes is very difficult. But we can spot some bullish consecutive patterns as you can see in the chart : Despite the war panic selling , the decline have been absorbed by the market makers. The recent correction follows perfectly the fibo extention ; normal correction of the recent uptrend.In the last minutes , strong checkmate pattern is being formed. Bullish signal.All patterns in the short timeframes are in favor of the trend continuation. BTCUSD BTCUSD BTCUSDT BTCUSDT.P BTC1!1.618 was a very strong resistance. Price needs momentum to go higher.