Technical analysis by TRADETITANWAQAS about Symbol BTC: Buy recommendation (11/19/2024)
https://sahmeto.com/message/2985286

TRADETITANWAQAS
Rank: 29976
Analytical Power:
0.9

BTC is making a rising channel making continuous higher lows while testing the same resistance. This suggest a bullish coil setup which indicates the breakout to the upside of the triangle. Overall outlook is also very bullish. Price might make a false move to the downside to shake out longs as you might know that if a pattern is too obvious then institutes will manipulate first and then move in the other direction. Furthermore market is always unpredictable and these are all probabilities so manage risk accordingly.
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$92,412.5