Technical analysis by MR_gold2 about Symbol BTC: Buy recommendation (23 hour ago)

MR_gold2

Technical analysis: • The price is trading at $ 118,111 after a strong bounce from a bottom of $ 105,000. • Currently the price moves in a horizontal cross range between: Support: $ 116,000 ◦ Resistance: $ 120,000 • • There are no strong reflection candles currently, and the short -term trend is neutral. المر A wave analysis (estimated): • The upward wave from 105K to 127K looks like a driving wave (1). • What we see now is likely a corrective wave (2) of Flat or WXY style. • As long as the price is above 116K, there is a possibility of a 3 rising wave start. 🕰️ time analysis: • From mid -July until now we notice a clear weakness in the momentum. • This price calm may precede a price explosion during the last week of July. 💠 Digital Analysis: • RSI index at 49.57 = in the middle of the track, do not saturate buying or selling. • The momentum of the lower indicator (perhaps Macd Histogram) began to turn a little negative but still weak. • There are no clear or negative deviation signals. 💬 Prayers Action: • Small candles, weak fluctuations = an actuulation model. • There are no new peaks or bottoms, which indicates a temporary balance between buyers and sellers. • Breaking 120K up to be a key to continuing the upward trend. 🌍 Basic analysis: • The news is generally positive: Institutional adoption. Bitcoin is stable. But: There is caution from the markets due to poor liquidity. • • There is no clear sale of the two major metal or governor at the present time Recommendation Buy when an increase in momentum appears in a 120 -goal scorer 123500 goal, second 124000 goal, third 127000 Note that if you do not have a strategy, you will lose your money because an analysis is not sufficient to enter deals and who will change according to what the market imposes For more, I organize our channel free https://t.me/ihab90gold