Technical analysis by trendtraderkarl about Symbol BTC: Sell recommendation (5/11/2023)

Will BTC reverse here? BTC: The current currency price is in line with our expectations! The price has returned to around 26833. At this stage, we can make a profit first by selling. According to technical analysis, the closing of the previous two days has ended with a small doji. At present, the main force at this position may continue to accumulate funds at the bottom, waiting for a breakthrough opportunity. The MACD bearish energy weakens, and KDJ and RSI begin to turn their heads. If the daily line continues to close the doji The market is bound to usher in a big move. From the one-hour line, the Bollinger Bands run forward in parallel, the MACD shrinks down, and the KDJ and RSI run in parallel. It is currently in the range-wide stage. The fluctuations in the white market are not large, and the trend is volatile, so you need to be cautious when entering the market. For many investors, without an excellent analysis team and professional teachers to lead them, it is difficult to survive in the market for a long time alone. Because of professionalism, leading, no intrigue, only a sincere heart, no 100% accuracy, only stable compound interest, no afterthoughts, so that every profit can be truly and truly let you feel and benefit from it! Join my homepage to view the latest BTC strategyTrade active: Join my homepage to view the latest BTC strategy