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Technical analysis by aatifbabar86 about Symbol BTC: Sell recommendation (3/27/2024)

https://sahmeto.com/message/1624463
aatifbabar86
aatifbabar86
Rank: 18658
1.3

BTC - Bullish Bat or Bullish Crab?

:Sell
Price at Publish Time:
$68,754.83
Sell،Technical،aatifbabar86

Although there is no doubt in bullishness of BTC, however, recently it has made a Head and Shoulder on RSI which broke down, which may be taken a first victory of bears. The current price action suggests upper hand of bears in which BTC may slide down further. However, Fib retracements and current high suggest that good time for bull may come again after completion of a possible Bullish Bat or Bullish crab patterns as shown above.

Source Message: TradingView
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