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Technical analysis by Mansasuma about Symbol BTC: Sell recommendation (5/23/2025)

https://sahmeto.com/message/3541560
Mansasuma
Mansasuma
Rank: 320
3.2
Sell،Technical،Mansasuma

- dealing with a possible ATH SFP here- looking at the 3D time-frame, with stoch momentum exhausted, RSI reaching overbought territory and most importantly volatility being very low it is possible top longers are about to get smoked- a correction anywhere between the 0.382 and 0.5 fib is possible- nothing confirmed at the time of writing but it is likely that trading back under 105k would be confirmation enough that the bigger correction is on its waySome potentially very concerning things on time-frames starting with the weekly and higher but not relevant at this point in time.With a fresh hash ribbon buy signal and volatility very low I suppose the strength of the bulls should be respected.Direction of expansion likely higher, as long as price is above range highs.

Translated from: English
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Signal Type: Sell
Time Frame:
3 روز
Price at Publish Time:
$109,050.59
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