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Technical analysis by Davidhills_110 about Symbol BTC: Sell recommendation (3/19/2025)

https://sahmeto.com/message/3364699
Davidhills_110
Davidhills_110
Rank: 28312
1.3

BTCUSD 15MINUTES. SHORT TRADE SETUP, CHECK CAPTAIN..

Sell
Price at Publish Time:
$84,253.02
Sell،Technical،Davidhills_110

This is a Bitcoin (BTC/USD) 15-minute chart from TradingView, showing a trade setup. Here’s what it means:1. Resistance Level (Black Line at $84,355-$84,457): Price tested this zone but failed to break above it.2. Short Trade Setup:The red arrow indicates a sell entry at the resistance level.The red box above represents the stop-loss area ($85,223), meaning if the price moves above this, the trade would be invalidated.The green box below is the take-profit area, with a target around $81,956.3. Price Rejection: BTC/USD attempted to break resistance but was rejected, suggesting a potential move lower.4. Liquidity Zone (Blue Box): A previous demand zone where buyers stepped in, indicating a possible support level.Overall, this chart suggests a bearish trade setup, where the trader expects Bitcoin to decline from the resistance zone.

Source Message: TradingView
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