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Technical analysis by FlyFlamingo2001 about Symbol BTC: Sell recommendation (21 hour ago)

https://sahmeto.com/message/3743438
FlyFlamingo2001
FlyFlamingo2001
Rank: 15509
1.3
Sell،Technical،FlyFlamingo2001

With ICC we read what price is telling us and we act accordingly. After the ranging sideways zone, price has given the bearish indication, went up to take the shorts above 122k then pushed back down. The trend is still bearish, 1h,4h and Daily both MACD and RSI are still bearish. The support from 105k to 106k has held price before so it could be where BTC reverses and strong buys will step in OR it fails to hold and we head further down. We don't try to predict.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$108,558.5
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