Technical analysis by x4fcqmrdz5 about Symbol BTC: Sell recommendation (5/7/2024)

The closing price of the second shoulder is observed to be lower than the first shoulder, indicating a potential reversal pattern. Furthermore, the price action is positioned below the 200-day Moving Average (EMA), reinforcing the bearish sentiment. Additionally, I noticed seven candles on the first shoulder and head. BTCUSDT.P May 7, 2024, 2:25pm