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Technical analysis by junaidsharif about Symbol BTC: Sell recommendation (2/1/2025)

https://sahmeto.com/message/3214837
junaidsharif
junaidsharif
Rank: 6345
1.6
Sell،Technical،junaidsharif

Key Price Levels: The red line at 105,135.5 USD marks resistance, where the price struggles to go higher. The green line at 96,564.1 USD is support, where the price might find buyers.Trend: A descending wedge pattern is forming, with lower highs and lower lows. This could signal a bullish breakout if the price moves above the upper trendline.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$102,127.49
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