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Technical analysis by RaedElbleady about Symbol BTC on 2/9/2025

https://sahmeto.com/message/3328377
RaedElbleady
RaedElbleady
Rank: 17576
1.4
،Technical،RaedElbleady

Bitcoin on technical analysis and technical patterns on today's frame will be a double top neckline pattern at 89164 and in case the neckline is broken and stabilized below it, the target of the pattern will be 70000. At the same time, Bitcoin on time analysis and price angles has already formed a quadrilateral geometric shape from the beginning of the 109356 peak, it fell to the 90 degree angle at the price of 99148, then rose to half the angle, which is considered the 45 degree angle at the price of 104189, then fell to the main angle again, the 90 degree angle, and was actually able to break it. Now the geometric shape is targeted first, which is the 180 degree angle at the price of 89441, which is considered almost the same place as the neckline in the double top pattern in technical analysis and technical patterns, and the possibility of it rebounding from the 180 degree angle at the price of 89441. Its rebound will be to the 90 degree angle at the price of 99148, then it will fall again to the 180 degree angle again at the price of 89441 And with its sugar, it will be another geometric shape, which is the binary shape, and its target is the 360-degree angle at a price of 71526, approximately the same area as the double top target, and at the same time, Bitcoin has two areas with a value gap specified on the chart. If the targets are reached, the value gap will be closed in them.

Translated from: Arabic
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$96,982.42
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