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Technical analysis by privatedvlper about Symbol BTC: Sell recommendation (11/9/2023)

https://sahmeto.com/message/553689
privatedvlper
privatedvlper
Rank: 630
2.9
Sell،Technical،privatedvlper

BTC has been consolidating on the H4 TF for more than two weeks now. Price traded above the resistance @ 36500 for the first time in more than 15 months, in what appears to be a classic fakeout ( Bull - Trap). BTC will most likely bottom @ 5000 before the next halving in April 2024.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$36,505.59
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