Technical analysis by kamalzakhoy about Symbol BTC: Sell recommendation (8/12/2022)

As shown on the daily chart,since Jul 20 the price has been moving inside a triangle and hasn't been able to break it out. If the price breakout the upper side of the triangle, we expect the price will go up to the next resistance around 28K. If the price breakdown the lower side of the triangle, we expect the price will fall down to the next support around 18K. The main trend on the daily chart is still bearish, and price is still moving within the retracement zone. The best places to buy more are around 18K and 12K................................GOOD LUCK