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Technical analysis by persistent_edge about Symbol BTC: Sell recommendation (8/26/2022)

https://sahmeto.com/message/2719905
persistent_edge
persistent_edge
Rank: 13350
1.5
Sell،Technical،persistent_edge

This would be a good place to get short on BTC as the flag breaks down showing supply has come into the market. There's now a high chance the range will fill down to at least 18000 and then price action will show the balance of supply and demand in the market as to what happens next.If it does snap back from the low of the flag and break higher, that will show there is not size selling and we will rotate back up to the top of the range.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$20,700.96
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