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Technical analysis by Swastik24 about Symbol BTC: Sell recommendation (4/4/2022)

https://sahmeto.com/message/2662806
Swastik24
Swastik24
Rank: 8838
1.5
Sell،Technical،Swastik24

Bearish crossover of 20 & 50 WMA happened already.Historical crossovers show 54% decline from the week of crossover.Big volume dump at second instance is due to pandemic.I don't think 54% dump possible this time.Logically BTC is twice as volatile as Nasdaq and if it corrects 17-18%,then BTC can correct almost 35% to 30,000 level approx.

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$46,635.01
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