Login / Join

Technical analysis by cgeraghty88 about Symbol BTC: Sell recommendation (12/5/2021)

https://sahmeto.com/message/2680299
cgeraghty88
cgeraghty88
Rank: 1113

BITCOIN SELL TRADE IDEA

Sell
Price at Publish Time:
$49,200.7
Sell،Technical،cgeraghty88

I'm currently favouring a Bitcoin Sell - Overall price is in a clear uptrend however price is currently rejecting the 50% retracement level and feel there is room for price to my Daily trendline at 42500ish before resuming in Bullish momentum again. Im looking to enter at 48200 and stack a 2nd entry at 46200 and ride the trade down. Currently on the Crypto Strength Trader Bitcoin price is negative and indicates a strong sell and the Dollar is strong which is positove for this trade. Any thoughts on this analysis will be greatly appreciated :)

Source Message: TradingView
Signals
Top Traders
Feed
Alerts