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Technical analysis by Trade-U-Metta about Symbol BTC: Sell recommendation (12/20/2024)

https://sahmeto.com/message/3082016
Trade-U-Metta
Trade-U-Metta
Rank: 28822
1.3
Sell،Technical،Trade-U-Metta

#BTCUSDT - UniverseMetta - AnalysisAfter reaching its all-time high (ATH) of $108,300, the price has remained in a prolonged bullish trend. Currently, there are signs that the 5th wave of the global trend may have completed its formation. The price exiting the ascending channel suggests the beginning of an ABC corrective structure. Key support levels are at $91,000 and $85,000, where portfolio allocation can potentially be increased.Target levels: $91,000 - $71,000

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$92,972.8
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