Technical analysis by NextElliott about Symbol BTC: Sell recommendation (4/20/2025)
https://sahmeto.com/message/3431645
NextElliott
Rank: 541
Analytical Power:
2.9

A bearish signal has been triggered for Bitcoin against the US Dollar at the 85,100 level. This indicates a potential trend reversal or correction from recent highs, suggesting sellers may be stepping in at this price point. Traders might consider this an opportunity to short BTCUSD or take profits on long positions. As always, proper risk management and confirmation from additional technical indicators (e.g., RSI, MACD, trendlines) are recommended before taking action.I will take profit @ 83100 or At next M30 or H1 RSI bullish divergence when it will occur..
Translated from: English
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Signal Type: Sell
Time Frame:
30 minutesPrice at Publish Time:
$85,097.4