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Technical analysis by PistolPeteno1 about Symbol BTC: Sell recommendation (8/26/2024)

https://sahmeto.com/message/2563426
PistolPeteno1
PistolPeteno1
Rank: 5817
1.6
Sell،Technical،PistolPeteno1

1. Wycoff distribution likely now complete and ready for mark down soon.2. Traders were chopped to death for past 6 months as whales distributed.3.There's 99B Longs now trapped below waiting for an ATH that will now not come which may cause a cascading dump next few days.4. Bears including myself were smacked on that move up but this last range past month was the perfect opportunity for whales to sell into this liquidity created.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$63,655.88
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