Technical analysis by EliteTradingSignals about Symbol BTC: Sell recommendation (5/16/2024)

Hello,Friends! BITCOIN pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 62834 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Comment: I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!