Technical analysis by KJThaLibra about Symbol BTC: Sell recommendation (12/28/2024)
https://sahmeto.com/message/3107703
KJThaLibra
Rank: 4387
Analytical Power:
1.7
Looking to buy Bitcoin around $73,000
Sell
Price at Publish Time:
$94,519.8
Profit Target:
(+16.51%)$78,912
I think $73,000 will be a good place to buy more bitcoin. Price may sell down for a while.Reasons:- We have resistance turned support at $73,106.- Bearish RSI divergence on Daily Chart- RSI way overbought on Daily chart.- Sell off may be due to people taking profit and stop loss orders being triggered.What do you think?
Source Message: TradingView