Login / Join

Technical analysis by AndeWave about Symbol BTC: Sell recommendation (15 hour ago)

https://sahmeto.com/message/3997827
AndeWave
AndeWave
Rank: 863
2.5

BTCUSDT may resume its decline after rally

Sell
Price at Publish Time:
$88,143.61
Sell،Technical،AndeWave

Downward trend. A false breakdown of support at 85073 updated the low to 84408. From this point, the price is forming a rally towards resistance. There is no potential for continued growth. A retest of the 89370-90440 zone may end in a decline. As the market recovers and approaches resistance, bullish volumes are declining. The market is not yet ready for growth. Yesterday's economic news was weak. I assume that this is a phase of manipulation before a decline. Scenario: a retest of resistance at 89400-90000 may end in a halt. Bears will resist, and a false breakout could cause the market to fall to 86800-84400.

Source Message: TradingView
Signals
Top Traders
Feed
Alerts