Technical analysis by kingtrader1996 about Symbol BTC: Sell recommendation (6/27/2023)

Bitcoin falls to 29,200. Hi everyone Bitcoin analysis in two-hour time frame. This analysis is based on the parallel channel and Fibonacci retracement and Ichimko trend indicator. We are in the second correction wave, the resistance of this wave has exactly hit the midline of the main channel According to the shape of the current candlestick, it is possible for the price to return from the 0.50% Fibonacci level, also according to the Ichimko future cloud. And Cross Tenketsen and Kijonsen, the possibility that the price will fall to the range of 29,200 is very high. Good luck.