Technical analysis by Captainobvious5454 about Symbol BTC: Sell recommendation (8/29/2024)

OH SNAP THIS IS ACTUALLY INVERTEDThere's also that BULLFLAG OOPS PARDON i mean BEARFLAG as a bearish retest interesting to see we had that bearish retest last year as well (check ugly circle)we have a weakening support (48k) a bad low at that level and a tripple bottom I MEAN TRIPPLE TOP PARDON ME in the lower timeframe at the 71kTheres also an RSI bear div on the weekly timeframe and guess what else a DEATHCROSSpermabulls will not be convinced but data is data.we might actually be approaching one of the nastiest btc corrections.This wont neceserily happen but i've seen too many calls for a cup and handle pattern i got annoyedi've got 2 sayings for people who are mega bullish:1.Believe only half you see because the other half is an illusion.2. professionals have the worst case scenerio in their head ALWAYSbonus3. 90% of people are not profitable traders if you're not a pro when you think right>go left