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Technical analysis by ROI_Crypto about Symbol BTC: Sell recommendation (6/15/2023)

https://sahmeto.com/message/225012
ROI_Crypto
ROI_Crypto
Rank: 15073
Sell،Technical،ROI_Crypto

BTC targets using pitchforks BTC got rejected again from its macro pitchfork (bold blue), now PA is in a local pitchfork with targets as low as 18.5K by end of year. 3D EMAs are in bearish formation with EMA8 pushing price down as resistance (celeste) main trendline support also broken. Binance is under scrutiny, CZ probably not gonna rescue all of the maxis and their massive liquidity around 22K-23K. A large amount of USDT has been swapped for USDC and DAI in the 3POOL over the last few days. is someone front running the SEC hitting Tether? Will not be surprised to see the 19.5K stop hunted from below. 18K would be a great place for a double bottom, with the idea of loading up ~6 months before the halving. Looking forward for a great October. Disclaimer: not financial advice.

Translated from: English
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Signal Type: Sell
Price at Publish Time:
$24,972.42
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