Technical analysis by naji_ala3raj about Symbol BTC: Sell recommendation (5/2/2023)
https://sahmeto.com/message/150549
naji_ala3raj
Rank: 7995
Analytical Power:
1.5

is btc out of bullish momentum? as of 2/5/2023, btc failed to break above 30k$, price action tested these levels multiple times, but bulls are not strong enough to break above, and they proved to hold support at near 27k$, the way i see this going is side ways price action until the RSI recovers completely from the oversold territory, although MACD is showing weakness in bullish momentum, so the price action might go side ways or slightly bearish, till the bulls regain momentum. not financial advise
Translated from: English
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Signal Type: Sell
Price at Publish Time:
$27,958.38