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Technical analysis by rossso about Symbol BTC: Sell recommendation (5/1/2024)

https://sahmeto.com/message/2709721
rossso
rossso
Rank: 5562
1.7
Sell،Technical،rossso

This TA is based on the indicator "Volume Delta". (Basically, the difference in buy and sell volume.) My strategy:I marked some sell and market price divergence lines (selling dominance/time) and between their respective highs and lows.The divergences signal a slowing of the buying/selling pressure up to the point where the market price reverses, signalling a reversal in the market trend.DisclaimerThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.54k is still my buying price. Nothing has changed in that regard. Although we may go lower to 52k or even 48k. Let us wait and see.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$57,285.69
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