Technical analysis by HoratiuBogdan about Symbol BTC: Buy recommendation (10/7/2023)
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HoratiuBogdan
Rank: 6185
Analytical Power:
1.6

Technical price analysis uses various tools and methods to assess and predict the future direction of financial asset prices. Wyckoff principles focus on identifying the accumulation and distribution phases of the market, while Elliott's wave theory is based on identifying cyclical patterns in price movements.To apply these principles, it is important to study BTCUSD price charts and identify relevant patterns and trends. You can also use Fibonacci levels to identify possible market entry and exit points given price pullbacks and extensions.
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