Technical analysis by Machine-trader about Symbol BTC: Sell recommendation (6/14/2024)

Hello, everyone There's no denying that price is weak and seems in desperate need of a new narrative or momentum. Technically, price is showing weakness in the mid-range, which is in line with the POC of the range as well. Momentum h4 EMAs (12, 21) are rolling over as well. The positive thing at this point is the bullish absorption that is unfolding. In fact, it has been more or less so throughout the whole range. Apparently, a lot of bitcoins are changing hands. My thesis is in line with the context, i.e. range-bound price action. I will play the range until the break. Why the local bullish bias? We have a couple of nPOC prints above. Also, the move from sub 60K to 70K is impulsive to me, and I believe we are in the process of putting in a higher low. Plus, if you trade with the flow, the previous quarterly value area high aka pqvah is at 66K while the current quarterly vwap is creeping higher and closer to this level (Find the picture in the comments section). I usually use flow for the daily chart and mid-term bias. As long as 66K is held, my bias is bullish with a move towards the EQ highs at the top of the range. If 66K is lost with a daily candle and strength, I will look at 64K or even 62K. I try to to manage my risk, and stick to the facts. I hope you do the same.Trade active: A lot of people message me every day and regret not joining me earlier, they get tormented in their daily trading, a lot of people lose all their money that they could have used to get more money, but they choose the wrong way, they think they can profit by themselves, but the end result is always surprisingly similar. Accounts were burned over and over again. So, if you still have money in your account and you want to recover all your losses and get more profits, you have to contact me. I guarantee you will work with me for 1-2 days and you will love this place forever. I promise that no other trader in my life can give you that feeling, so don't let yourself live in regret and don't wait until you've lost everything to contact me, then really no one can help youTrade active: I hope everyone can understand that if you make enough profits in the trading day, you will have enough time and money to spend the weekend with your family, but the reality and imagination are often the opposite, most people in this week due to market fluctuations caused by the loss of accounts, if you trade alone, often face great risks. If you want to receive accurate signals every day of the trading day, perhaps you can contact me and I will help youTrade active: Have a good weekend guys, if you keep losing money on your trading, or your account is locked, or you are a new trader, you can contact me and no matter how much money you have, I can help you outTrade active: Have a good weekend, friends, hope we are all well!Trade active: A lot of people message me every day and regret not joining me earlier, they get tormented in their daily trading, a lot of people lose all their money that they could have used to get more money, but they choose the wrong way, they think they can profit by themselves, but the end result is always surprisingly similar. Accounts were burned over and over again. So, if you still have money in your account and you want to recover all your losses and get more profits, you have to contact me. I guarantee you will work with me for 1-2 days and you will love this place forever. I promise that no other trader in my life can give you that feeling, so don't let yourself live in regret and don't wait until you've lost everything to contact me, then really no one can help youTrade active: Happy weekend, in last week's trading, we obtained more than 400% profit through accurate insider signals, if your current account is losing money, or your account is locked, or you are a new trader, you can contact me, no matter how much money you have, you can get my help, I hope we can have the opportunity to cooperate!Trade active: Hello guys, if you are losing money on independent trading, or the current situation continues to lose money, or the profit is not ideal. Or if you are a new trader, you can contact me. We have live updates of the profitable trading signals every dayTrade active: Hello everyone, if you are a novice, come to me, I will teach you how to operate while learning; If your account is losing money, you can come to me and I will help you. 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If you also want to make enough profit in the trading, you can contact me, let us make money together and wave together!Trade active: Have a good weekend guys, we are working on a profit plan for next week, and the profit is expected to be over 400%, if you want to join in, please don't hesitate to get in touch with me!Trade active: 100% accurate forecast, all the upside is in my forecast, remember last time I predicted gold would rise from 2040 to 2180? 10k-50k is already ahead of schedule. This is 30 consecutive weeks with profits exceeding 400%. It was all crazy and all the users who followed me were making tons of money. If you have lost a lot of money in trading, or your account is currently locked, or you are a new trader, you can contact me and you can get my help no matter how much money you have.Trade active: We are now making next week's profit plan, if you want to know more precise signals and trading content, you can contact me, let us make more money together!Trade active: When trading, we tend to only buy and sell, but forget to set a stop loss, which will lead to a lot of losses in the trading account, and if it is more serious, it will even burn your account, we will publish a lot of accurate internal signals every day, if you are now trading alone, or you are a new trader, you can contact me, no matter how much money you have. You can have my help!Trade active: I’m so lucky you clicked on this article. Don’t rush into reading analysis, let alone advice! No matter how correct I read the trends, no matter how accurate I read the key points, if I don't do it well, it's all wasted effort. There are trading opportunities every day. If you have problems with your ideas, concepts, or techniques during the operation, and you cannot grasp the key points, stop. If you don't bear losses, buy and sell at will, and don't manage your positions well, it means nothing no matter how good the market is. The big waves wash away the sand, and what sinks is the gold. I am willing to move forward side by side with you! Every time I write an article, I also hope to meet someone who is destined to me. Whether your account is currently losing money, your account is stuck, or you are new to trading, no matter how much money you have, I can help you.Trade active: The most terrible thing in the market is not no market, not no opportunity, but a blank, disorderly order, a person who does not know where to go, which direction is the opposite, the wind blowing in any direction will be the headwind! The same people who do not understand trading, no matter how long or short, once the market fluctuations, it is a disaster! The market has only one direction, not bulls or bears, but the right direction If you are still trading alone and don't know what to do in the face of losses, maybe you can contact me, no matter how much money you have, I will help you!Trade active: Are you ready for your profit plan? The recent market fluctuations are large, if you trade alone, you will face more risks, if you are not completely sure, maybe burn your account, if you want to avoid such risks, contact me, I will help you!Trade active: The rapid conversion of long and short, always make people unprepared, the direction of conversion is often only at that moment, how many people risk becoming the cannon fodder of the market. Every transaction is the result of the inner battle of the short and long, for the market before the entry, it seems reasonable to do long and short, but everyone sees the problem from a different Angle, the reason to decide their own approach needs to convince themselves, the first consideration before the entry should be the risk they can bear rather than profit. Once the key points are lost, it is necessary to decisively leave the field to cut off the courage of the lost! Henry gets hurt! This road mentality is very important, failure is not terrible, terrible is that you are not willing to summarize, if you never change, then you are the real failure! No matter what state you are in right now, I can only hope that these words have brought you some help! If you have trouble trading; Can't find the direction; In the long lost, you can contact me and talk to me. If we can work together for a while, it will free you, and that's all that matters.Trade active: On the first day of the trading day, we made a huge profit through internal signals, if you want to join in, please don't hesitate to get in touch with me!Trade active: A lot of people message me every day and regret not joining me earlier, they get tormented in their daily trading, a lot of people lose all their money that they could have used to get more money, but they choose the wrong way, they think they can profit by themselves, but the end result is always surprisingly similar. Accounts were burned over and over again. So, if you still have money in your account and you want to recover all your losses and get more profits, you have to contact me. I guarantee you will work with me for 1-2 days and you will love this place forever. I promise that no other trader in my life can give you that feeling, so don't let yourself live in regret and don't wait until you've lost everything to contact me, then really no one can help youTrade active: Hello Guys, we post a lot of 100% accurate signals every day and a lot of people have made over 400% profits on our signals, if you are currently losing money on your account, or you are locked out of your account, or you are a new trader, maybe you can follow me. No matter how much money you have, or what confusion you have, you can get my help!Trade active: If you stay in the market, you won’t be happy, and if you leave the market, you won’t be happy. This is a problem faced by many traders. Why do others make money while I keep losing money? what reason? Three-point analysis and seven-point operation. To make money in this market requires not only correct market analysis, but also scientific risk management. Correct psychological control, if you are currently losing money, or your account is locked, or you are a new trader, you can contact me, maybe I can help you!