Technical analysis by chancethepug about Symbol BTC: Buy recommendation (3/9/2025)

My trading plan is very simple. I buy or sell when at three of these events happen:* Price tags the top or bottom of parallel channel zones* Money flow spikes beyond it's Bollinger Bands* Stochastic Momentum Index (SMI) at near oversold overbought level* Price at Fibonacci levelsSo...Here's why I'm picking this symbol to do the thing. Price in buying zone at bottom of channels[Red Line 100 period / Yellow Zone 52 period / Green Zone 26 period]Stochastic Momentum Index (SMI) at oversold levelMoney flow momentum is spiked negative and under bottom of Bollinger BandEntry around 80KTarget is upper channel around 90KChannel slopes downward. Out at 82k. Will check back at 76k.