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Technical analysis by Lapl4cesDem0n about Symbol BTC: Sell recommendation (9/5/2024)

https://sahmeto.com/message/2583018
Lapl4cesDem0n
Lapl4cesDem0n
Rank: 22923
1.4

Bitcoin-Whales are Stop Hunting - Next Stop 50k

Sell
Price at Publish Time:
$56,790.62
Profit Target:
(+8.92%)$51,723
Sell،Technical،Lapl4cesDem0n

Welcome back future demonsLet's jump right into the TA. We have a potential short trade here. This might not qualify as the perfect example of a Head and Shoulder formation in Classical Charting, but the over all structure and pattern is bearish.Also yesterday we saw a significant drop combined with huge volume increase.Kind RegardsLaPlaces Demon

Source Message: TradingView
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