Technical analysis by ADA_NK about Symbol BTC on 10/27/2024
No. Time is needed. Must watch and see the rise. Touched PRZ twice in 1 week. News is needed to open weekly bollinger. A and B came for the simplest decline for the minor below 63k and Elliot waves. C is next in line for decline. I just didn't know where to put the fibo, like 62950 to decide on the bottom. So I didn't know if the decline would be deep, like 59k. BTC. See the 3-month Ichimoku cloud for D. Dominance is bad, bad, bad. We don't have a chance to generalize about performance at the bottoms. I don't know if I say it or not, but what the hell: I examine it well to choose the bottoms. That's why I put a full stop. When I started writing BTC it was 67016, when I finished writing it it was 66.975. In my previous publication, I wrote my last article at 67117. I'm following to start trading. 63519.06 is the average purchase price of short-term holders. Below this, it makes short-term holders sell. There is a support at 61269. These are on-chain data. Spot etf purchase average is 60619.85. These values are support. Sopr below, monthly chart Ichimoku cloud, red colored kijun, green colored tenkan. If they intersect, sopr blue touches 1, I evaluate the buy situation, whether to buy or not. It is not easy BTC anymore. I am not an expert. I am an amateur. So try until you have your own idea. I have no technique that I hide from you. The root of my analysis is the 5-0 pattern. You can see the rest. So you can understand where these analyzes come from. What could be another way of understanding for you? This: "ada_nk brother's technique may be correct, but you can say that he is analyzing the technique he uses incorrectly." I also have this doubt. My doubt made me watch. I want to see YTD. November. This is my decision.
