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Technical analysis by HomKh about Symbol BTC: Sell recommendation (1/18/2024)

https://sahmeto.com/message/878297

WARNING: BTC WEEKLY CHART

Sell
Price at Publish Time:
$42,622.59
Sell،Technical،HomKh

Rejection was heavy on .F18 FIB Ret. In Addition , Price is in Mid of its parallel channel. Tendency to drop to the floor. Moreover, MACD and RSI are in overbought zone. Finally, FIB Channel is also suggesting drop in price will continue.

Source Message: TradingView
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