Technical analysis by isabelatrader93 about Symbol BTC: Sell recommendation (7/30/2024)

Hello all dear traders! Currently, BTCUSDT is hovering around $66,800 with a slight recovery during the day. However, looking closely at the H2 chart, it is clear that the price is still moving in a medium-term uptrend channel. But! There is still a lack of momentum to the upside, as the price is currently below the dynamic resistance line (where the EMA 34.89 is reacting) and the breakout from $67,000. In my opinion, the best strategy is to sell BTCUSDT and target the profit taking at the limit of the uptrend channel Do you agree with my opinion? Leave your comments below and I will answer themTrade active