Technical analysis by Kaviku_fx about Symbol BTC: Sell recommendation (11/14/2023)

Hi folks today I'm prepared for you Bitcoin analytics. A few time ago, the price declined from support 2 to the trend line, where it at once rebounded and started to rise. Price in a short time rose higher of support 2, which coincided with the support zone, thereby breaking it and then some time traded near this level. Later BTC rebounded from support 2 and reached support 1, which coincided with the support zone too, but soon rebounded back to the trend line. Also, at this moment, the price is traded inside a wedge, where Bitcoin rises close to the trend line. After a few moments, BTC rebounded from the trend line and made a strong impulse up to 37700 points, thereby breaking support 1 and exiting from the wedge. Now price continues to rise and I expect Bitcoin can to start to decline to 35800 support level. That's why I set up my target at this level. If you like my analytics you may support me with your like/comment ❤️