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Technical analysis by InvestorJordan about Symbol BTC: Sell recommendation (3/17/2025)

https://sahmeto.com/message/3355135
InvestorJordan
InvestorJordan
Rank: 176
3.3
Sell،Technical،InvestorJordan

I have entered short. I went short because BTC was lining up at major resistance around 84K. It was hitting the 300MA, RSI was oversold, and MACD was starting to show divergence. On top of that, volume was weakening near resistance, and there was a huge wall of sell orders stacking up. All signs pointed to a solid short setup. I expect a new all time high later this year after that area o support has been tested.

Translated from: English
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Signal Type: Sell
Time Frame:
15 minutes
Price at Publish Time:
$84,124.67
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