Technical analysis by OM-MADY-stockmarketclasses about Symbol BTC: Sell recommendation (7/8/2022)
https://sahmeto.com/message/2527769

OM-MADY-stockmarketclasses
Rank: 5984
Analytical Power:
1.6

Price has created AMD pattern near important short time swing high also tapping to huge liquidity pool from Weekly Time Frame. However we still have untaken key swing high which may be taken off before reversal.Now the price came to Order Block but as there a lot of liquidity resting below we may see consolidation and squeeze downside. So far price made 1.5 RI am sure price will fall down a little more it wen 1.7R but i would close the position already. There was more opportunities to enter in POI i have mentioned for better risk reward.dont forget to follow me for more BTC breakdownsPrice has reached the target (2R in pocket).
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Signal Type: Sell
Time Frame:
1 hourPrice at Publish Time:
$21,335.41