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Technical analysis by CryptoTaoist about Symbol BTC: Sell recommendation (2/1/2024)

https://sahmeto.com/message/936616
CryptoTaoist
CryptoTaoist
Rank: 20445
1.4
Sell،Technical،CryptoTaoist

Bitcoin is making a classic head-and-shoulders pattern. The neckline is at ~40600. A daily close below this line activates the pattern. A daily close above the right shoulder invalidates the pattern. ~44000Target is the same as the distance of the head to the neckline. ~33500.Goodluck.

Translated from: English
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Signal Type: Sell
Time Frame:
8 ساعت
Price at Publish Time:
$41,893.51
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