Technical analysis by WestleyOdom about Symbol BTC: Sell recommendation (7/30/2024)

Hello Bitcoin enthusiasts! Let's dive into the current status of BTCUSDT. At the moment, BTCUSDT is hovering around 66,900 USD with a slight recovery during the day. However, looking at the 1D chart, it's evident that the price is still moving within a long-term downward channel. In my view, the best strategy is to wait and sell BTCUSDT when it reaches the upper trendline limit. What do you think? How should we trade this? Share your thoughts with me!