Technical analysis by HUNTER about Symbol BTC: Sell recommendation (5/18/2024)

BTC Dear friends, it can be seen in the past trends (orange arrow) that when the candles are far from the Ichimoku cloud, it is very dangerous and the candle always moves close to the cloud. But in the current situation, it should still be said that nothing special has happened (red arrow) and the price of Bitcoin has reached its old ceiling, which is the place where Bitcoin is sold. Finally (blue arrow) it can be seen that the candles are still not strong and could not break the old price ceiling so that the entry signal is issued and the possibility of the price returning to the support range.