Technical analysis by hmaroudas about Symbol BTC: Buy recommendation (3/23/2025)
https://sahmeto.com/message/3371969
hmaroudas
Rank: 3702
Analytical Power:
1.9

Lets have some fun! Ok, A B C - Fib channel pulled from A to B to C. Flat parallel channel pulled from the obvious range high to low. Dotted white line 0.5 (mid way). Standard fibs: 0.383 to 0.618 resistance. Look back. -> What was resistance now will = support and visa versa. And Current 0.236 seems we've broken out and up so taking it as breaking a level of resistance into an uptrend! And parallel channel 0.5, were above... Fib based channel I learned from Chart Champions. <3 Just an idea.Too short term time frame for Fib Channel. Eh maybe something can be taken from this if performing some analysis. Let me know if you find anything but I think ultimately , fib channels work better on larger time frames. Update on larger time frame:
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Signal Type: Buy
Time Frame:
15 minutesProfit Target:
$85,828.2Stop Loss Price
$83,968.4Price at Publish Time:
$84,146.9