Technical analysis by noble1ones about Symbol BTC: Sell recommendation (8/5/2024)
https://sahmeto.com/message/2864070
noble1ones
Rank: 4355
Bitcoin PRICE COLLAPSE Suggests Potential $38k Target
Sell
Price at Publish Time:
$54,654.55

The 38k approximate target was first suggested based on the BARR pattern posted on April 16 2024. Furthermore a nice inverted dragon pattern has shaped and printed suggesting a target zone within the pink circle and the 2 dashed horizontal red lines. Today's plunge in price nearly clipped the top horizontal dashed red line. Stay tuned. This is becoming quite interesting on its potential way to a 4k dramatic selloff from within what appears to be a historical expanded flat wave B peak. In my humble opinion............ All The Best!
Source Message: TradingView