Disclaimer: This is not a buy call but for learning purpose
Technical Analysis
Price around MA50
Volume is low
Potential rebound at trend line & MA line
RSI around 50
Only the matter of good support. I found 2 support here, but I decided to take middle support to maintain the upper support, but the major support will make you buy on deep, before the price push higher. I think 3 trading days will touch the TP
After retraced on fibo 0.382, I think BTech can go higher to test 0.90 provided the volume is supporting.
Monitor closely for a trading opportunity.
P/S: This is a personal view, not a buy call/sell signal. Trade at your own risk.
English version...
Symmetrical triangle appear in the chart giving us the probability of the price will plunged up after doing the breakout above.
Right now as we can see, the price broke the support, but Elliot Wave stated that any price might be throwing a bit before entering inside the pattern, and we called it as "Throw-Under"
Maybe can consider to entr at...
i am looking for long as price still maintain HH and already clear demand . If refer monthly TF is very clear shows that price is rejected area support and start climbing up. First TP 0.335
selepas volume spike yang berlaku sebelumnya 13,14november
trun sehingga aras sokongan 0.225
kurang berlaku permintaan tetapi chart berubah semakin menarik
AO pula berubah menjadi hijau
sekadar pendapat beginner
![BTECH: BTECH [4 October 2020] Buy On Dip in Support Zone](https://s3.tradingview.com/x/xTVTvKN7_mid.png "BTECH [4 October 2020] Buy On Dip in Support Zone")
