Technical analysis by noob_trader_7 about Symbol BTC: Sell recommendation (8/8/2023)
https://sahmeto.com/message/234189
noob_trader_7
Rank: 10293
Analytical Power:
1.5
Short term opportunity on BTCUSDT: Bears may be incoming!
:Sell
Price at Publish Time:
$29,727.79

Just sharing my idea on BTCUSDT. I think, there is a high possibility that the price of BTCUSDT may fall due to its current position around a zone that has been a resistance previously. If price rejects this level and breaks upward trend in lower timeframes, it is highly likely that price will fall and take support at the marked level.
Source Message: TradingView