Technical analysis by PontusTrader about Symbol BTC: Sell recommendation (5/4/2023)

BTC to 38-40k then crash This monthly gap up here is a magnet. Price will tap it shortly but there is too much confluence of bearish factors. 1 - Back test (pullback) to 6 year broken support 2 - Resistance trendline 3 - FVG gap This is just on the monthly. I might be wrong but hedging with shorts in that area is wise.