Technical analysis by Zk24 about Symbol BTC: Sell recommendation (11/5/2023)

**BTC: Breaking Patterns with Confidence** BTC has surged out of the ascending triangle pattern with a significant increase in volume. Additionally, it has penetrated the Ichimoku cloud. This sets the stage for a potential bullish rally as long as the price continues to trade above the triangle. However, should the price re-enter the triangle, we might witness further movement within its confines. **BTCUSD, Sell Limit Order at 34,600** - Take Profit (TP): 34,400 - Stop Loss (SL): 37,100 **BTCUSD, Sell Limit Order at 35,000** - Take Profit (TP): 34,400 - Stop Loss (SL): 37,100 For now, let's diligently follow the outlined sell setup. Furthermore, we should be on the lookout for opportunities to enter long positions, testing the previous monthly high at 36,000. A potential buy entry point is anticipated in the range of 34,000-32,000. Stay tuned for exciting developments! 🚀💰