Technical analysis by espluto about Symbol BTC: Sell recommendation (11/26/2023)
https://sahmeto.com/message/584737

espluto
Rank: 18029

Bitcoin has been steadily rising for a about 2 months. We are seeing bearish divergence on the Daily and 4 hour time frames.Daily:4 hour:Seeing that we've been rising for so long, BTC likely needs a breather. Based on the divergence and fact that we are oversold (Weekly), I see btc going lower in the coming days / week. The current trendline and 200 day moving average seem to coincide at 28-31k. That is likely where i feel we will land.let me know your thoughts.
Translated from: English
Show Original Message
Signal Type: Sell
Time Frame:
1 dayPrice at Publish Time:
$37,741.89