Technical analysis by sir_Cooley about Symbol BTC: Sell recommendation (9/8/2024)
https://sahmeto.com/message/2587803

sir_Cooley
Rank: 4686
Analytical Power:
1.7

The market maker may want to get one final flush down to 38k to backtest the January low and flush out all of the long leverage just before they pump the markets. BTC can still flash crash and then turn around and pump within the same weekly candle, avoiding braking the bullish structure. High target could then be 88k to 96k.....
Translated from: English
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Signal Type: Sell
Time Frame:
1 dayPrice at Publish Time:
$54,420.15