Technical analysis by toateotihuacan about Symbol BTC: Sell recommendation (8/4/2024)
https://sahmeto.com/message/2515211
toateotihuacan
Rank: 1955
Analytical Power:
2.2
descending broadening wedge BTC bullish?
:Sell
Price at Publish Time:
$60,563.86
Profit Target:
(+18.93%)$49,102
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?
Source Message: TradingView