Technical analysis by I_M_Shoaib about Symbol BTC: Sell recommendation (8/10/2022)

BTCUSDT is showing bearish divergence on MACD on 4 hourly chart with price action rounding off. With the formation of Double Top, price is likely to break the bullish trend. For aggressive traders, bearish divergence on MACD and bearish engulfing is enough to short @ 23,700For conservation traders, wait for price action to break the trendline @ 23,200. TPs are based on previous strong support zones: - TP1 - 22,450- TP2 - 21,900- TP3 - 21,300