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Technical analysis by TheForexAdventures about Symbol BTC: Sell recommendation (1/14/2025)

https://sahmeto.com/message/3166228
TheForexAdventures
TheForexAdventures
Rank: 25615
1.4

BITCOIN 4H ANALYSIS (READ CAPTION)

Sell
Price at Publish Time:
$95,038.54
Profit Target:
(+10.43%)$85,128
Sell،Technical،TheForexAdventures

I Expected In Bitcoin BTCUSD Break Now This Heavy Support Zone (93,000/90,000).What Do You Think? Can Bitcoin Finally Break The Heavy Support Zone (93,000/90,000) Or Not!?According To The Theory Of Elliott Waves, Bitcoin Seems To Be In The Next Five Downward Waves After Completing The Double Top Pattern At The Resistance Level, And These Five Waves Can Break The Heavy Support Zone($93,400-$90,000).Note: If Bitcoin Goes Above The Given Resistance (95,000/96,000) Any D1 Candle Close Above This Resistance We Can Expect More Pumps.Note: There Is A Possibility That Bitcoin Will Drop Sharply And Make A Long Shadow.Please Respect Each Other's Ideas And Express Them Politely If You Agree Or Disagree.Bitcoin Analyze (BTCUSDT), 4-hour Time FrameTrade Setup:Entry: (95,000/96,000)Target1 93,000Target2 90,000Target3 87,000Target4 85,000StopLoss: If D1 Candle Close Above The Resistance Then Close Your All Sell TradesBe Sure To Follow The Updated Ideas.Do Not Forget To Put Stop Loss For Your Positions (For Every Position You Want To Open).Please Follow Your Strategy And Updates; This Is Just My Idea, And I Will Gladly See Your Ideas In This Post.Please Do Not Forget The Like Button & Share It With Your Friends; Thanks, And Trade Safe.

Source Message: TradingView
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