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Technical analysis by NuggetsWarriors about Symbol BTC: Sell recommendation (6/23/2025)

https://sahmeto.com/message/3603291
Sell،Technical،NuggetsWarriors

Technical analysis of BTC contract on June 23:Today, the large-cycle daily level closed with a small negative line yesterday, and the K-line pattern continued to fall. The price was below the moving average, and the attached indicator was dead cross. The big trend of decline was still very obvious. At present, under the obvious trend, we still need to pay attention to two points. First: prevent the price from a large rebound correction trend; second: no matter what the situation and trend, risk control must be put first, so this must be done well; the short-cycle hourly chart showed that the US market price fell under pressure yesterday and broke through the 100,000 mark. It hit the low point in the morning and rebounded. The opening position of the decline was around 102700. The current K-line pattern rebounded with a big positive, and the attached indicator was golden cross, so it will still be corrected during the day, but it cannot break the opening position of the decline, otherwise it will be difficult to continue. This is the trend rule.Today's BTC short-term contract trading strategy:Rebound 102300 area empty, stop loss 102800 area, target 100500 area;

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$101,316
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