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Technical analysis by manikiyafard about Symbol BTC: Sell recommendation (12/3/2023)

https://sahmeto.com/message/598841
manikiyafard
manikiyafard
Rank: 25969
0.9
Sell،Technical،manikiyafard

In the previous analysis, I mentioned the rally base rally pattern and now it seems that we are at the end of the rally movement and Bitcoin is ready to pull back to the support column. In my opinion, this price compression is not a continuation of upward movement, and it is ready for a pullback . The best way to enter short trades is to wait for the price to come below the last specified level and make a pullback to the same level, and by seeing the candlestick pattern in the 4-hour time frame, enter the trade up to two more levels.

Translated from: Farsi
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Signal Type: Sell
Price at Publish Time:
$39,462.72
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