Technical analysis by toateotihuacan about Symbol BTC: Sell recommendation (8/4/2024)
https://sahmeto.com/message/2515211
toateotihuacan
Rank: 1122
Analytical Power:
2.7
This looks like a giant bullflag to me--call me crazy. 55K holding and retesting 69K was evidence of the health of the bitcoin market, but we still need a bit more momentum to make new highs. Let's swing to the next fib and continue from there, shall we?
Translated from: English
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Signal Type: Sell
Time Frame:
1 dayProfit Target:
$49,102First Support:
$55,000Price at Publish Time:
$60,563.86