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Technical analysis by BTC-fire about Symbol BTC: Sell recommendation (2/4/2022)

https://sahmeto.com/message/2543959
BTC-fire
BTC-fire
Rank: 6926
1.6
Sell،Technical،BTC-fire

- Weakness so clear to break 40k.- Will visit 33k first or below before any upside move.- Not able to break EMA 100 after testing on 4hr time frame.- Downtrend still valid since 69k peak.- lower highs & higher lows ( 4hr - 1D timeframes)- Stock market is not good and crypto will follow.- Fear & greed index went slightly higher since last massive dump to go down again.- Therefore, ready for a big short.short:✅ 38.5k - 37.7k ✅🎯TARGETS:1- 36,7002- 35,8003- 33,000💵 Leverage: 3x - 5x🚫Invalidation(SL): 39,480sl: close above 42k

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$40,693.73
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