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Technical analysis by TRADETITANWAQAS about Symbol BTC: Buy recommendation (11/19/2024)

https://sahmeto.com/message/2985286
TRADETITANWAQAS
TRADETITANWAQAS
Rank: 29976
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Buy،Technical،TRADETITANWAQAS

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.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$92,412.5
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