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Technical analysis by pangreen12 about Symbol BTC: Sell recommendation (2/11/2024)

https://sahmeto.com/message/959631
pangreen12
pangreen12
Rank: 10830
1.5
Sell،Technical،pangreen12

For tooday i expect high volatile maybe we could expect correction, I think we could get some red candles soon, momentum of bulls is lower than before, and correction is needed to take out some longs I am shorting here.according to plan 48k nowlooks like scam pump from 48k to 48200 we will go down morehere comes the dump once again , monitoring situationit would be pretty cool if we slip down to 47 900 in next 30 min it would confirm that we are supper bearishit didnt close under 48k but still it should be good probably more downside coming47900 now , still no demandagain btc found support at 48k we could be raging here for another few houersagain testing 48k , again would be cool if in next 30min we will see bigger moveone more testing this time need to break support at 48kyeah another bounce from support,lets see what happen nextstill higher time frames are showing signs of weakness soo i wouldnt be longing here, but lets see how the price will react nowwe are bouncing from 48k to 48 500 as i see thats because there is 0 liqudity on that area, there is also low liqudity upsite up to 52k soo that means in near future we need to visit this place too, but in next days i hope we will take liqudity from botom ( longs) If you have shorts good placed and stoplose at good area everything should be finelow liqudity means nor short nor longs positions are massively liqudated thats create an area that there is no movement at all , thats why price can stay here long timebtc again at 48 000- 48100 zoneand another bounce this time one 1min candle for 300 xDehh just leaving my short here, still looks bearish af in higher tf and will be AFK for some time it depends if something will happen todayanother 48k testif we will go down it will be sudden 30min candle -500 or something like that i wont believe that we will go down slowlyagain seems to 48k support will hold , current price : 44100

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$48,299.53
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