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Technical analysis by Chetan_alpha about Symbol BTC: Sell recommendation (5/31/2025)

https://sahmeto.com/message/3566885
Chetan_alpha
Chetan_alpha
Rank: 5315
1.7
Sell،Technical،Chetan_alpha

🔥 **BITCOIN: The SL Hunting Game! What's Next?** 🔥**Hello Team! 👋**Take a look at the latest **Bitcoin** chart ! Price is near a critical zone, and the chart even shows **"SL hunting"** marked! 👀 This tells us big players might be up to something.**Your Informed Plan for Tomorrow:**1. **🚀 If It Pushes Up (Selling Zone Test!):** * **View:** Bullish, price might clear "SL hunting" area and challenge sellers. * **Trigger:** Look for BTC to give a **strong candle close above ₹104,800**, and enter the **Selling Zone (₹105,200 - ₹105,600)**. * **Targets:** Towards the upper boundary of the Selling Zone (up to **₹105,600**), potentially **₹106,000+** if it breaks strongly. * **Stop-Loss:** Below the trigger candle's low, or around **₹104,600**. * **Human Tip:** After "SL hunting," price can reverse. Confirm the move above the SL hunting area before entering. Don't jump in too early!2. **📉 If It Pulls Back (Selling Zone Rejection!):** * **View:** Bearish, sellers might get active from the red zone. * **Trigger:** If BTC enters the **Selling Zone (₹105,200 - ₹105,600)** and shows **strong bearish rejection** (e.g., shooting star, bearish engulfing). Or, if it falls back **below ₹104,600**. * **Targets:** Down to **₹104,000**, then possibly **₹103,500** (towards the green Buying Zone below). * **Stop-Loss:** Above the rejection candle's high, or around **₹105,700**. * **Human Tip:** Rejections from strong zones can be quick. Confirm the bearish signal before taking a short.**One Important Thing to Remember, Members:*** **Patience is Key! 🧘‍♂️** Wait for clear confirmation at these critical zones.* **Risk Management! 🛡️** Your Stop-Loss is non-negotiable. Crypto volatility is high, so always protect your capital!**So, what do you think? Will BTC hunt SLs and go up, or turn down from the Selling Zone? Let us know in the comments! 👇**

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$104,612.59
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