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Technical analysis by AriasWave about Symbol BTC: Sell recommendation (4/17/2025)

https://sahmeto.com/message/3423226
AriasWave
AriasWave
Rank: 2686
2.2
Sell،Technical،AriasWave

Recent rejections at the highs have prompted a deeper analysis, and the findings are quite intriguing. Based on a detailed wave review, there's a possibility we're currently trading within an expanded Wave B zig-zag pattern that has yet to find a bottom. If this scenario holds and we see a break below the 83,000 support level, price could potentially decline toward the 74,517 area. On the upside, resistance is observed at 86,506 and 85,493.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$83,997.02
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