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Technical analysis by jazerbay about Symbol BTC: Sell recommendation (12/9/2021)

https://sahmeto.com/message/2629942
jazerbay
jazerbay
Rank: 5794

Bitcoin to follow past trends/fractal moves?

Sell
Price at Publish Time:
$47,672.12
Sell،Technical،jazerbay

👋🛤🏜🏝🏖🛣🏞🏕🛤⛰🏔🌋🌅🌄🗻Targets : ~ 44,200, 42,400I am expecting another sudden drop soon, followed by consolidation /sideways movement. It would be best for BTC to move in a descending fashion to a final bottom of ~42k, completing the fractal and making way for upside. ⏬🐻For BTC to be considered in a bear market , we need to go below ~39,700 level.Check linked idea for further information.Thank you so much and always remember 😉👇🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!Always have a stop loss ✋🛑💲 set🆗Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.🐶We are at a very important point in this structure. Watching closely on the daily.Thank you so much 👋😁As you see we did get rejected from top of channel here.Last plan did not go as expected, we bounce off 200 day MA and up to ~52k where we got rejected. Now today we see a death cross (9day MA going below 200 day MA)I think it is very possible we come down a good amount now before more upside! Thank you so much!!!Happy day all 🌝🌞🌗

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