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Technical analysis by FOREX_QUEEN_10 about Symbol BTC: Sell recommendation (2/25/2025)

https://sahmeto.com/message/3278503
FOREX_QUEEN_10
FOREX_QUEEN_10
Rank: 28182
1.4
Sell،Technical،FOREX_QUEEN_10

BTC/USD 1H Chart Analysis: Bearish Continuation ExpectedKey Observations:Descending Channel Formation:The price is moving within a well-defined downward-sloping channel (gray trendlines).The overall structure suggests consistent lower highs and lower lows, confirming a strong downtrend.Bearish Flag Pattern (Potential Breakdown):The price is forming a small consolidation within the channel, resembling a bearish flag pattern.If the price fails to break above the upper boundary, it could lead to a continuation of the downtrend.Red Arrow Projection (Further Decline Expected):The chart suggests a small relief bounce before another drop towards lower support levels.If the price fails to break above resistance near $85,000, we could see a continuation toward $82,000 - $80,000.Trading Outlook:Bearish Bias: As long as BTC remains inside the descending channel, further downside is expected.Break & Retest Confirmation: Watch for rejection at $85,000 - $86,000, which could act as a strong resistance zone.Target Levels:Short-term: $82,000Extended target: $80,000Invalidation: A break above $87,000 could invalidate the bearish setup and signal a potential reversal.Conclusion:Downtrend Continuation Likely: BTC remains in a strong bearish structure.Watch for a Pullback: Any rejection from resistance strengthens the case for further decline.Bearish Targets: $82,000, then $80,000 if momentum continues.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$87,096.26
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