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

2️⃣ Daily Chart (1D) Analysis 🔍 Key Observations: Price is consolidating below EMA and inside the red supply zone (0.618–0.65 Fib). 200 EMA is acting as dynamic resistance (around $85K). Bearish structure with a lower high formation. 💡 Interpretation: Current price zone (~$86.3K) is a potential short trigger area. If rejected here, price may drop first to 82K (0.786), then $74.5K. If price breaks above 92K (0.5 Fib), this bearish setup is invalidated. ✅ Suggested Trade Setup ParameterValue Short Entry$86,300 – $87,900 Stop Loss$92,500 (above 0.5 Fib) Take Profit 1$82,000 (0.786 Fib) Take Profit 2$74,500 (1.0 Fib) Take Profit 3$52,800 (1.618 Fib Extension) Risk/Reward1:3 or better