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Technical analysis by exrienz about Symbol BTC: Buy recommendation (2/10/2024)

https://sahmeto.com/message/958983
exrienz
exrienz
Rank: 14910
1.5

Retrace before reattempt?

:Buy
Price at Publish Time:
$47,197.43
Buy،Technical،exrienz

BTC Potentially retrace to 45k area before reattempt the break the resistance. 45k is temporary golden ratio for fibo and supposed to be strongest. But if not able to hold, 43.6k will become a next resistance for btc to break. RSI is high, but we still above MA for now. Im personally expecting a bounce on 45k.

Source Message: TradingView
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