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Technical analysis by malmsteen23 about Symbol BTC: Sell recommendation (8/28/2022)

https://sahmeto.com/message/2649297
malmsteen23
malmsteen23
Rank: 28587
1.4
Sell،Technical،malmsteen23

I have also taken in mind that the feds gonna increase rashes. On the chart we got increasing volume and thats really bad. Falling wedge pattern, but i want to see a new touch on the support and resistance line to increase my bias for this pattern. In the my on chain analysis i think 14k is a huge support for btc and where both my technical and on chain -analysis match each other. (Made this one to look back in march 2023 and see if I called the bear marked bottom or not lol(:)

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$20,017.49
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