Technical analysis by KaKazazy about Symbol BTC: Sell recommendation (4/19/2024)

BTCUSD Trading Strategy: In the short term, we are observing a continued weakening of BTCUSD, with the price dropping nearly $2,000 in the early trading hours of Friday. Despite some recovery for trend adjustment, scrutinized factors on the chart still favor the sellers. It is advised to continue selling when the price touches and retests the 34 and 89 EMAs once again. The target profit level is set at $59,500. What are your thoughts on BTCUSD? Do you think it's a good time to sell now?Order cancelled