Technical analysis by GarateTradeCrypto about Symbol BTC: Sell recommendation (3/19/2024)
https://sahmeto.com/message/1604579

GarateTradeCrypto
Rank: 6482
Analytical Power:
1.6

My strategy is in the Bitcoin price correction phase after the euphoric bull run amid the adoption of Bitcoin ETFs. In a calm news environment on the stock market, I expect to see a rebound from the 0.382 level, in this area there is a GAP in prices and an imbalance in the same area. Given the tense situation in the economic space, I expect a breakout of 0.5 Fib level.We have reached the first support level, a rebound is possible, let's look at the strength of the market, I am watching the volumes and the formation of divergences to a reversal and the continuation of the downward movement to the level of 0.382 Fib
Translated from: English
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Signal Type: Sell
Time Frame:
1 dayPrice at Publish Time:
$63,337.1