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Technical analysis by C_EWAVE13 about Symbol BTC: Sell recommendation (11/21/2021)

https://sahmeto.com/message/2671507
C_EWAVE13
C_EWAVE13
Rank: 9198
1.5
Sell،Technical،C_EWAVE13

Hi everyone 👋🏽🕊 Wish y'all have a profitable lifestyle 🍀📌 BTCUSDT- Daily Time Frame - Candlestick📌 Ichimoku cloud - Support and Resistance 📍I would like to analyze Bitcoin from ichimoku's point of view. 📍 We have 3 very important elements in ichimoku cloud: 1- Tenkan sen2- Kijunsen 3- Cloud ✍🏼 As we can see here, Tenkan is below kijunsen and also price has closed below them which can be a bearish signal✍🏼 Price has entered the cloud and we are struggling to break the Span A; which can be really hard if the price has already closed below it ✍🏼 BITCOIN can see the 53k price zone that is combined with SPAN B ; which is a really strong support zone ⚠️ If price manages to break SPAN A and closes above that level seeing the SPAN B support zone is invalid 📍 In weekly time frame the tenksen is flat and is around 54k price zone; price is close to this level, so 54k price zone is more likely to happenTHIS IS NOT A FINANCIAL ADVICEPLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITIONGOOD LUCKNP TRADERWith Bitcoin forming a double bottom in H:4 time frame , We probably will be seeing three retest zones.SPAN B has been touched.We are currently at a very important support line of previous ichimoku cloud

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$58,730.48
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