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Technical analysis by fire_000 about Symbol BTC: Sell recommendation (5/17/2024)

https://sahmeto.com/message/1823723
fire_000
fire_000
Rank: 10828
1.6
Sell،Technical،fire_000

Its impossible to be sure when the trend changes, but a weekly market structure break its a good start. A re-test of the break-down as resistance is a good confirmation.If the trend has actually changed we look down to the next weekly support, currently at 44k.I dont know why or how this could happen but seems possible.

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$66,561.84
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