Technical analysis by TraderNo007_ about Symbol BTC: Sell recommendation (8/28/2024)

IMPORTANT: PLEASE READ THE DESCRIPTION!I’ve quickly analyzed Bitcoin on the 15-minute timeframe. Right now, we are in a range following a liquidity sweep on the sell side. A markup in the asset is underway, and it's expected that the price will move to close the buy-side liquidity, stopping out many traders who think a trend reversal has occurred. The asset is likely to continue its decline from the OTE (Optimal Trade Entry) level, or it may ignore this level due to the liquidity pool above it, and only then reverse for a drop.Entry price for a short: 60,000–61,000 Take profit: 58,000–57,240 Please note, this is just a recommendation, not an invitation to open a trade 😊.close 50%"I am closing the position with a profit as a trend reversal may occur soon."I averaged down on the trade and considered sharing this idea, but I didn’t want to put you at risk. However, it's still possible to re-enter in the premium price zone."