Technical analysis by JohnnyBullXRP about Symbol BTC: Sell recommendation (8/4/2024)
https://sahmeto.com/message/2517264

JohnnyBullXRP
Rank: 30496
Analytical Power:
1.0

3 Targets derived from the rising wedge that developed into the Trump Speech looking for a final low before the Bull Run can begin.1) Rising wedge target ~57k lining up with 0.786 fib of that move.2) Bear pole leg into the rising wedge gives us target 2 around 52K if 57k does not hold.3) More unlikely we go this low but ~49k for the entire bear pole leg going into the wedge as target 3.
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Signal Type: Sell
Time Frame:
1 dayProfit Target:
$57,000Price at Publish Time:
$59,271.55