Technical analysis by Theta-Digital about Symbol BTC: Sell recommendation (9/13/2024)

Short entry: 58.0 -- stop: 58.5 -- target: 52.0mean-reversion short with tight 1% stop and 10% target return (10:1 risk-return)at 58.5re-entered at 59.5at 60.0re-entered short at 59,960closed at 59.9re-entered short at 59,850took profit at 58.0re-entered short at 61.2 with tgt at 60.5took profit at 60.6re-entered short 60.1took profit at 59.9 -- flat into FOMC todayshorted into knee-jerk reactionadded to short at 62.4stopped at 62.6re-entered short at 63.2