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Technical analysis by AMCryptoTrading about Symbol BTC: Sell recommendation (7/9/2023)

https://sahmeto.com/message/229208
AMCryptoTrading
AMCryptoTrading
Rank: 11813
1.5
Sell،Technical،AMCryptoTrading

Bitcoin on 4h looking weak Bear flag forming, we can see price can’t break 38% retracement from the past move down and can’t break above $30500 crucial level* Showing a very week price movement of breaks down it could pass through $30k support and retest the $28,600 level. *The crucial level I’m talking about is the body of a doji candle on a daily timeframe from the past impulse to 31K three months ago. Matching with another 1D TF doji candle right on the same spot.

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Signal Type: Sell
Price at Publish Time:
$30,269.74
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