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Technical analysis by Tradu about Symbol BTC: Sell recommendation (9 hour ago)

https://finbeet.com/message/3890300
Tradu
Tradu
Rank: 244
3.1

BTCUSD H1 | Bearish Reversal at Pullback Resistance

Message Type:Sell
Price at Publish Time:
$109,998.53
Sell،Technical،Tradu

BTC/USD is rising towards the sell entry, which is a pullback resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to the downside. Sell entry is at 111,22.96, which is a pullback resistance that lines up with the 50% Fibonacci retracement Stop loss is at 113,549.46, whic is a pullback resistance that is slightly below the 78.6% Fibonacci retracement. Take profit is at 106,29.13, which is a multi swing low support. Stratos Markets Limited ( tradu.com/uk ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd ( tradu.com/eu ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Source Message: TradingView