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Technical analysis by M_Gheysvandi about Symbol BTC: Sell recommendation (3/14/2025)

https://sahmeto.com/message/3335670
M_Gheysvandi
M_Gheysvandi
Rank: 5659
1.6
Sell،Technical،M_Gheysvandi

Hello friends Especially those who are new members (welcome) In the digital currency Bitcoin, after a sharp rise and the formation of a range zone, we saw a drop in the price of Bitcoin. Today we want to check whether this drop continues or not? If the answer is yes! How far? We see a corrective pattern on the daily timeframe. This pattern is flat with a long wave C. The structure of this pattern is 3-3-5. Wave C is 5 waves. Now we are in wave 5 and we are waiting for a slight increase in the price to the $ 86,500 area and then the price will drop to the $ 73,500 area. This area is a static support and we expect a reaction at this price. Good luck and be profitable.Good luck and be profitable.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$83,156.24
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