Technical analysis by dicetrade about Symbol BTC: Sell recommendation (11/12/2023)

Nothing all too technica l besides the overextension that we have seen. Mostly a short-hunt in my opinion. I am mostly founding this short on the recent performance YFIUSDT had. For those who are new, YFI is a genius-shitcoin that once was deemed to be the next btc I guess? AFAIK there were no recent developments / implementations made but I stand to be corrected. 50% gain in this short period seems just too much eh? Perhaps it is a bit more overextended compared to BTCUSD but in a more distilled way. Shitcoins like this paint a perfect picture of the human greed and we can sometimes use them as refrences. TP's really arbitrary, yet I am following a close line around the ascending diagonal line cause it might act as a support.Almost stopped but not prosition seems to be in the green. Not really convincing yet.Good setup, bad entry / positioning. Trade closed.