Technical analysis by azizelliott about Symbol BTC: Sell recommendation (12/4/2024)
https://sahmeto.com/message/3031917

azizelliott
Rank: 1103
Analytical Power:
2.3
$BTC - Steeper correction if below $93500
Sell
Price at Publish Time:
$96,110.71

Hi guys! 👋🏻 🔔 Lacking momentum and liquidity and it's time for correction 🔔 I believe it's too early for $100K and time to get rest before the next run. 🔔 BTC couldn't get the $100K and with each try the daily close is lower than the previous one, which states that market might not be ready yet for a strong impulse. 🔔 The best scenario for #bitcoin would be to close below $93500 and go for a correction down to $80K, regain momentum and take over the $100K barrier. 🔔 Triangles could be tricky, so watch for a breakout before making any decisions. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
Source Message: TradingView