Technical analysis by saidiman about Symbol BTC: Buy recommendation (12/1/2024)

https://sahmeto.com/message/3020495

Descending Broadening Wedge

Buy

Price at Publish Time:

$97,005.2

Profit Target:

(+1.76%)$98,711

Descending broadening wedge appears after down turn for a moment. The big trend is still upward. So this descending triangle is a perfect moment to think about placing buy stop.Buy stop at 97143.2. SL: 95712.9 and 98711.4. The risk reward ratio of this trading plan is about 1:1.11.

Source Message: TradingView