Technical analysis by Trade-U-Metta about Symbol BTC: Sell recommendation (4/14/2025)

#BTCUSDT - UniverseMetta - Analysis 📆 W1 (Weekly Timeframe) 🔹 Will the 5th wave formation come to an end soon? 🔹 Best to wait for a confirmed bottom fractal — price action will become clearer by the end of this week. 🔹 If a fractal forms, then: • Watch for a breakout and close above the channel • Look for entry opportunities into the next bullish impulse 🎯 Potential upside targets: $91,500 – $112,200 📉 D1 (Daily Timeframe) 🔹 Price is testing the upper boundary of a narrowing channel 🔹 To confirm a short-term reversal, it's ideal to wait for a top fractal 🔹 From the last impulse, there’s a correction opportunity toward: • $81,700 – $77,320 (40–80% retracement) ⚠️ Avoid increasing position size / exposure 🔁 Upon reaching the support zone — watch for bullish entries ⏳ H4 (4-Hour Timeframe) 🔹 Potential beginning of a 3rd wave down from the upper channel 🔹 A short setup could be valid if the 1st wave low is broken 🔹 Stop loss should be placed above the high of wave 1 or above the channel level 🎯 Short-term targets: 61% – 23% Fibonacci levels from the last bullish impulse 📈 Trade Setup (H4 idea): Entry: 84,154.92 – *82,895.64 Take Profits (TP): 1. 81,702.63 2. 80,399.17 3. 79,029.42 4. 77,328.29 Stop Loss: 86,209.53 📌 Conclusion: BTCUSDT is in a critical zone — potentially ending its 5th wave on the weekly chart. The key is to wait for confirmation via fractals (bottom on W1, top on D1). Meanwhile, H4 offers a chance to engage in a controlled short setup, with tight risk and clear invalidation.