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Technical analysis by CrazyInvestorTom about Symbol BTC: Sell recommendation (6/2/2025)

https://sahmeto.com/message/3574606
Sell،Technical،CrazyInvestorTom

Technical analysis of BTC contract on June 2: Today, the large-cycle daily level closed with a small positive line yesterday, the K-line pattern was a single positive line with continuous negatives, the price was below the moving average, and the attached indicator was dead cross. The decline in the big trend was still very obvious, and the weekend was mainly oscillating and correcting; the short-cycle hourly chart broke through the previous day's high point of 105000 in the Asian session, but this is not a trend, but also a manifestation of correction, which can also be said to be a preparation for the decline. The high point of the previous oscillation downward was near the 106500 area, which is the current high pressure position. The current K-line pattern is continuous positive, and the attached indicator is golden cross running, so there will be a pullback during the day.Trading strategy:Sell in the 104500 area, stop loss in the 105500 area, and target the 104000 areaBrothers, profit is the ultimate goal of trading, and accumulating profits is what changes your life and destiny. Wise choices are far more important than hard work. If you want to get trading signals, stable profits, or want to learn the correct trading logic and skills in depth, you can consider contacting me to join us for help.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$104,192.96
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