Login / Join

Technical analysis by shyApricot2597 about Symbol BTC: Sell recommendation (7/7/2022)

https://sahmeto.com/message/2738007
shyApricot2597
shyApricot2597
Rank: 11302
1.4
Sell،Technical،shyApricot2597

Bitcoin is currently in a downtrend and consolidates between 23000 and 18000. Now for bitcoin to enter any big move ,It'll have to cover liquidity from both sides. Personally, I believe bitcoin might get into another leg down, So, Bitcoin might test the 23000 level and move down. I'll wait for a confirmation on the smaller timeframes if that is the case. Alternatively, It might test the lower Stoplosses first then move up. In both cases, I will wait for the liquidity swap on either side and then get into a short or long position after confirmation on smaller timeframes.

Translated from: English
Show Original Message
Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$21,335.41
Share
Signals
Top Traders
Feed
Alerts