Technical analysis by nothingchangehere about Symbol BTC: Sell recommendation (17 hour ago)
https://sahmeto.com/message/3909214
nothingchangehere
Rank: 638
Analytical Power:
2.8
تحلیل تکنیکال بیت کوین: آیا سر و شانه نزولی در راه است؟ (استراتژی ورود و خروج)
:Sell
Price at Publish Time:
$105,848.82

https://www.tradingview.com/x/8MYzCvvv/ K5 close below the neck line of a potential bearish head-shoulder pattern. K5 also close below the long-term uptrend line. If I bought it earlier, I will try to cut off all my long-term positions and even try to short it. If K6 is a green candle like K3 and close upon K5, K5 will be a fake down, And the consolidation around the neck line will keep expanding. Even a bull run will start here. But the possibility is relatively low now. I don’t think the market will keep accelerating to fall down, And ,if the following candles return back to test 0.5fib area, It will be a potential good place to short it there. Short-111.2K/Stop-116.6K/Target-90K
Source Message: TradingView