Technical analysis by Da_Omiii about Symbol BTC: Sell recommendation (10/13/2023)
https://sahmeto.com/message/486903
Da_Omiii
Rank: 16658
Analytical Power:
1.4

A clear Head & Shoulders pattern is being build on 1Day chart on BTC which indicates a bearish scenario till 20k.As it is a daily chart, it will probably take time to get there, maybe 2-3 months.Then we have a high probability of BTC retrace a little then again make a bearish Symmetrical triangle or bearish flag pattern and moves downwards towards 16k. Only then we might see an Equal Lows ( Double Bottom / W Pattern) and then price will move towards All time high for BTC.All of this till mid or in third quarter of 2024.
Translated from: English
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Signal Type: Sell
Price at Publish Time:
$26,864.02