Technical analysis by AwesomeOscDad about Symbol BTC: Sell recommendation (6/8/2025)

🕒 Timeframe: 30min📅 Date: June 8, 2025💱 Pair: BTC/USD (BITSTAMP)📊 Indicator: Awesome Oscillator (AO)🧠 Technical Analysis Summary:A classic 5-wave Elliott structure (1–2–3–4–5) has completed. Key observations:Wave (5) slightly pushes above Wave (3), but momentum weakens.Bearish divergence is spotted on the Awesome Oscillator (AO) between Wave (3) and Wave (5), signaling exhaustion.Price is currently holding above a key structure support (SNR) at 105415.🔻 Sell Setup:🟥 SNR = Structure level at 105415.🧨 If price breaks below 105415, I will enter a short (sell) position.🧠 This level acts as a confluence zone:End of wave 5Loss of bullish momentumBearish AO divergencePotential trend shift📌 Trade Plan:💥 Action:➡️ Sell only if price breaks and closes below 105415.🎯 Potential Targets:104200 – local structure support102800 – deeper correction zone (possible wave A)🛡️ Invalidation:➡️ If price closes back above recent high (~105800) with renewed AO strength, I’ll reconsider the short.🧰 Tools Used:Elliott Wave Theory (1–5 structure)Awesome Oscillator – Divergence ConfirmationMarket Structure (SNR as key support)💬 Conclusion:Wave 5 is done. Momentum has faded. All eyes on the structure level at 105415.➡️ Break = Sell.If it holds, no trade.📌 Stay patient. Let the market come to you.🔔 Like & follow if you enjoy clean Elliott Wave and momentum divergence setups.Got your own wave count? Drop it below! 👇#BTCUSD #Bitcoin #ElliottWave #BearishDivergence #AO #CryptoTrading #StructureBreak #PriceAction #Wave5Complete