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Technical analysis by UnknownUnicorn285026 about Symbol BTC: Sell recommendation (7/20/2024)

https://sahmeto.com/message/2476150
UnknownUnicorn285026
UnknownUnicorn285026
Rank: 12765
1.6

Suspicions of an Bitcoin correction.

Sell
Price at Publish Time:
$66,606.2
Profit Target:
(+9.92%)$60,000
Sell،Technical،UnknownUnicorn285026

For Bitcoin, a similar correction formation could result in a ±10% move to the $60,000 range, targeting the 50% Fibonacci level. In the general group, I mentioned a possible correction for Bitcoin to around $60,000 and Ethereum to $2,800-$3,000. I have decided to temporarily exit my positions. If the correction occurs, we will look for entry points at lower levels. #btc #bitcoin

Source Message: TradingView
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