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Technical analysis by Altsignals about Symbol BTC on 3/7/2022

https://sahmeto.com/message/3364970
Altsignals
Altsignals
Rank: 6452
1.5
،Technical،Altsignals

Our recent Bitcoin analysis didn't go accordingly and the pattern changed. It appears we are in a zigzag ABC formation and currently in the C wave heading towards the 49K.Bitcoin rejected the area between 618 and 78.6 fibonacci and we saw a trendline break - indicating bullish momentum.Trade Idea:- Watch lower timeframe corrections and enter- Safe stops below the recent lows but aggressive SL can be used below lower timeframe corrections- Targets: 46k, 49kGoodluck!

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$37,380.58
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