Technical analysis by jalalihadipoor about Symbol BTC: Sell recommendation (7/24/2023)

short on BITCOIN hi friends By losing the $29,500 area, Bitcoin has provided opportunities for short trades. One of these trading positions is in the $26,900 range, which is highlighted on the chart. Since the 21-day moving average has been placed above the price in daily and 4-hour times, this has increased security for sell positions. The price decline is expected to continue to the $27,000 support area, but since my trading strategy is set on the third target, you can see the short position signal up to $28,570 on the chart and you can follow the position to the lower targets at your own risk.