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Technical analysis by cryptowaveman about Symbol BTC: Sell recommendation (20 hour ago)

https://sahmeto.com/message/3724381
cryptowaveman
cryptowaveman
Rank: 12848
1.5
Sell،Technical،cryptowaveman

At these price levels we sit at and the fundamentals, I have to be bullish overall. Although, I have an issue with wanting to call a top/be a contrarian. I see the possibility of a bitcoin top at the 120k and have a tighter band of 115 to 118k to guide me in the short term and at a larger level the 120k to 110k. Ironically in my view it would be contrarian to be in a long right now, but could be the best trade of the day being at the lower 115k support and possibility of a strong reversal up to 120k. At the moment, I am out of my "riskier" ETH and ADA longs to see what the market does at this price level. Ready to jump back in for some fun if we can setup with a nice structure. not financial advice

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$115,523.24
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