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Technical analysis by sky070 about Symbol BTC: Buy recommendation (11/10/2023)

https://sahmeto.com/message/47972
sky070
sky070
Rank: 5534
1.7
Buy،Technical،sky070

Assuming we found a market cycle bottom for BTC/ETH, we can start considering future targets so we're not caught off-guard when the time comes.Both charts have been trading in an ascending triangle (when adjusting for BTC_SUPPLY and ETH_SUPPLY).I would take profit when either upper trendline is touched, and either wait for a clear breakout, or for a retest of the lower trendline.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$37,326.39
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