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Technical analysis by vivekmessikumar about Symbol BTC: Sell recommendation (10/19/2022)

https://sahmeto.com/message/2717000
vivekmessikumar
vivekmessikumar
Rank: 14812
1.4
Sell،Technical،vivekmessikumar

macro factors:federal reserve quantitative tighteningmoney being sucked out of most marketstechnical factors:being supported on a grind line with each bounce being sold off more and more aggressively.this confluences with the price action we see on many different alt coins ada especially which broke its descending triangle to the downside.technical target: USD 13,375stop loss : USD 19800good luck and namastestop loss triggered. short trade closed and opened a long position.took a small managed lossthis could be bottom for nownamaste

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$19,210.56
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