Technical analysis by Expate about Symbol BTC on 5/20/2025

Expate

🕯️ Spinning Top candle – What It Means!? A spinning top has: 1. Small body (open ≈ close) 2. Long upper and lower wicks What it shows? It shows indecision between buyers and sellers after a previous move. Ok, so what we can learn from it? 📉 We can learn how to Trade a Spinning Top candle! THIS IS A SHORT SETUP (if confirmation follows) Confirmation candle: A bearish candle that closes below the spinning top’s low ($106,407) Entry: ~$106,350–106,400 (after breakdown) Stop Loss: Above the high of the spinning top: $107,350 Take Profit: $103,800 (deeper pullback near EMAs) Probability: 65/35 bearish if next candle confirms rejection. Enough theory, see yourself!Spinning Top Setup Status: INVALID 1. Next 1H candle body closed inside the spinning top range. 2. No confirmation of breakdown.