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Technical analysis by alxgmn about Symbol BTC: Buy recommendation (12/12/2023)

https://sahmeto.com/message/48021
alxgmn
alxgmn
Rank: 20080
1.3
Buy،Technical،alxgmn

I expect a extension in the long term to 52 K, but the market seems too extended for now. For that extension to be accomplished, the market needs no retrace first (this is validated by MACD and RSI oscillators, and Fibonacci Retracement and Extension). I expect a retracement at 32.5 K; i consider it a good value to enter in this long...

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$41,226.46
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