Technical analysis by CryptoPummel about Symbol BTC: Sell recommendation (1/12/2024)
https://sahmeto.com/message/858915
CryptoPummel
Rank: 601
Analytical Power:
2.6
BTC parabolic paths?
Sell
Price at Publish Time:
$46,008.62
Profit Target:
(+11.97%)$40,500
We can continue seeing consolidation of Bitcoin for a while. The overbought condition has been extended for a while, with a significant bearish divergence in RSI. We need to see how the following 2 weeks develop.
Source Message: TradingView