Technical analysis by pronot about Symbol BTC: Sell recommendation (11/22/2023)

For BTCUSDT Bitcoin, the rise trend in the coming period will continue. However, I can see the signal of a short -term withdrawal that is clearly seen in the 3 -day graph. If it remains above 36.200 support, there is a 38,000 in front of it. Between these two regions, it is positive for coins. However, attention should be paid to hanging below 36.200. Under this support, the 4 -hour closures can lead Bitcoin to 32,800, and even lower to 30,000. It is very close to 38,000 resistance. My advice to friends who will buy here is patient. To make purchases, it is necessary to see the closing of over 38,000 over 4 hours. Otherwise, there may be retreats again. The volume looks very little for weekly and daily Bitcoin. Be careful !!! Btc did not exceed 38,000 regions. However, the weekly closure made over 36200. As long as it is consolidated between 36,200-38000, alt There will be important opportunities in the coins. In the 3 -day graph, the direction for BTC. My Short process is still open. 38500 stop for me. 4 -hour closures over 38000 will support upward movements in BTC. It can go to 42,000 and 48,000 levels. However, the weekly and 3 -day graphics of BTC make the shorts more attractive. If the closing of 4 sales arrives, the rise will gain speed. However, as I said before, I am waiting for withdrawal. The stop I put into 38,500 was left. For now, I have mentioned that I am protecting my Short position. I mentioned that it would come to the level of 42000 I mentioned above. I opened Short at 37200s and I stopped with a small damage in 38500. I opened a long position on this level and my goal was to get 42000 profits. Now we can move the position to 48000s.