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Technical analysis by Chart_Champ1 about Symbol BTC: Sell recommendation (1/15/2025)

https://sahmeto.com/message/3169935
Chart_Champ1
Chart_Champ1
Rank: 5782
1.6
Sell،Technical،Chart_Champ1

Bitcoin is currently trading within a flat channel on the daily chart, exhibiting a slight downward trend. A clear resistance area is visible at 102,000, which is expected to trigger a reversal, potentially leading to a significant downturn.Trade Setup:- Entry Zone: 102,000 - 102,500- Stop Loss: 103,300- Take Profit Levels: TP1: 100,000 TP2: 98,000 TP3: 96,000

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Profit Target:
$88,313
Price at Publish Time:
$99,648.24
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