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Technical analysis by TivoroX about Symbol BTC: Sell recommendation (5/29/2025)

https://sahmeto.com/message/3562863

BTC İÇİN BEKLENTİLERİM

Sell
Price at Publish Time:
$107,725.32
Sell،Technical،TivoroX

According to the graph, several important technical formations that are likely to occur in the current look can be observed. When I evaluate the 4 -hour BTCUSDT graph: 1. Possible head and shoulders formation Sol shoulder: 96,000 - 98,000 summit. In this case, the target may be to reflect the distance between the head and the neck line in the lower direction.2. RSI negative incompatibility Alt In the RSI graph on the RSI graph, the price is seen to make new peaks RSI'nın lower hills. This usually indicates that the momentum is weakened and may be a harbinger of a correction or decline.3. After the rise of the horizontal consolidation / distribution phase, the price has moved to a horizontal structure in the 106,000 - 108,000 band. This may be a "distribution" phase. If the buyers weaken, the price can be broken downward from this region. Especially the existing structure is similar to a head and shoulders formation. There is negative incompatibility on the side.

Translated from: Turkish|
Source Message: TradingView
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