Technical analysis by US30EMPIRE about Symbol BTC: Sell recommendation (4/27/2025)
https://sahmeto.com/message/3452301

US30EMPIRE
Rank: 2278
Analytical Power:
2.1
Bitcoin sell technical analysis
:Sell
Price at Publish Time:
$94,895.35

Description:Bitcoin is rejecting major resistance near $94,000 after forming a bearish engulfing candle on the 4H chart.•Key Resistance: $94,000–$95,000 zone rejected with strong selling pressure.•RSI Divergence: Bearish divergence between price and RSI confirms weakness.•Break of Support: Price broke minor support at $92,800, shifting short-term structure bearish.•Moving Averages: Trading below the 50 EMA on the 4H chart, signaling bearish momentum.Sell Setup:•Look for entries around $93,500–$94,000 (retest zone).•Stop-loss above $95,000.•TP1: $91,000•TP2: $88,500Bitcoin is showing clear signs of a pullback — sellers are currently in control.
Source Message: TradingView