Technical analysis by vf_investment about Symbol BTC: Sell recommendation (7/29/2024)

We observe an uptrend in the BTC/USD pair on the daily time frame. If the price reaches around the ATH level (73.861), a short position with a 3% stop loss can be taken. The first target of this position is around $57,000.The second target that can be taken profit level is around $53,500.The price didn't reach our entry price and targets already reached. the trade is not valid anymore