Technical analysis by VectorAlgo about Symbol BTC: Buy recommendation (12/26/2024)

#BTC/USDT #AnalysisDescription---------------------------------------------------------------+ Bitcoin is currently trading inside the channel and price is around the support zone + Price touched support zone multiple times and this is the third touch of the resistance+ I'm expecting the price to bounce back from this support zone. + If the price fails to hold the support then our idea is invalidated. + A bounce back from the support of the channel will push the price above 100Follow the trade details in the chart. ---------------------------------------------------------------Enhance, Trade, Grow ---------------------------------------------------------------Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.Best Regards,VectorAlgoFailed to bounce back from the support . Trade invalidated