Technical analysis by eesachariwala about Symbol BTC: Buy recommendation (11/19/2024)
https://sahmeto.com/message/2987972
eesachariwala
Rank: 5666
Analytical Power:
1.6

BTC found support at 0.8 and then 0.3 std.devs of a 120 candle MA (90mins) gathering enough momentum to rise to 2 std.devs bollinger bands have begun expanding. as long as bulls gather support at keys levels such as 1.6 std.devs we should see a renewed push to beyond 95kmy prediction for best buy in point is from 92000-92700USD but im an amateur so who knowscorrection: turning point should be from 91500-92700looking good so far but potential resistance from 93500-94000 I am confident this is a breakout in the works but it worries me that momentum on long timeframes hasnt had the chance to reset, I would've preferred a period of sideways consolidation during this squeeze but i still think this has potential
Translated from: English
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Signal Type: Buy
Time Frame:
30 minutesPrice at Publish Time:
$93,021.02