Technical analysis by Anele_888 about Symbol BTC: Sell recommendation (4/24/2022)

Our daily bias has been bearish from the last major swing ($48265.00) on the daily timeframe. Our MA's crossed over and we are bearish. We recently just broke out of a daily channel with a retest trading into our daily imbalance at $42124.76. We have a propulsion block on the daily timeframe at $40585.37 and an imbalance on H4 at $40291.95. These 2 price areas are our entry points which are relatively close to one another. $40585.37 has more confluence due to the fact that we have supply zone to sell into. Our targets are as follows: TP1@ $34990.52 TP2@ $33695.07 TP3@ $31104.96 Note: High possibility price may not trade up into our entry point because buyers are under pressure