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Technical analysis by ProfitsNinja about Symbol BTC: Sell recommendation (2/8/2025)

https://sahmeto.com/message/3234045
ProfitsNinja
ProfitsNinja
Rank: 30474
0.8
Sell،Technical،ProfitsNinja

BTC-USDT (1D Timeframe)Long trade targets achieved, but Bitcoin is looking bearish based on the Risological Trading Indicator.The price is retracing after a strong uptrend.Key Levels:Entry: $64,464Stop-Loss (SL): $61,682Take Profit (TP) Levels:TP 1: $67,903 ✅TP 2: $73,467 ✅TP 3: $79,032 ✅TP 4: $82,470 ✅What’s Next?Pullback or Trend Reversal?If support holds, we could see a bounce back for another bullish leg.If momentum weakens, Bitcoin might see a rude reversal toward lower levels.Iam not getting into a short position as yet, till I see the first candle close on Daily time frame below the Risological dotted trendline.FOMO is a profitable trader's No.1 enemy! I am not going to fall for this, at the moment.Wish you all the best, and do follow and upvote if this update has helped you.Namaste!

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$96,201.8
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