Login / Join

Technical analysis by Sovereign_11 about Symbol BTC: Sell recommendation (7/4/2025)

https://sahmeto.com/message/3615396
Sovereign_11
Sovereign_11
Rank: 1350
2.5
Sell،Technical،Sovereign_11

On BTCUSD’s 4 - hour chart, downside risks prevail:Resistance HoldsPrice failed to break 110,500, showing strong selling pressure that caps bulls 🚫. A pullback is likely.Downtrend SignalsPost - resistance, price is retracing. Candlesticks and chart arrows point to a drop toward 105,000 support, fueled by building bearish momentum ⬇️.Support Test Looms105,000 is the next key level 🔑. Even if support slows the fall, the setup favors downside—bullish reversals seem unlikely after resistance failure.Trend WeaknessOrange trendlines show the prior uptrend is fragile 🧊. Failing at 110,500 signals fading bullish force, setting up for a bearish correction.In short, the 4 - hour chart is bearish. Watch for drops to 105,000; 110,500 will likely block bulls 🛑. Trade cautiously with this bias.🚀 Sell@108500 - 107500🚀 TP 106500 - 105500Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇Continue shorting and wait for a pullback.

Translated from: English
Show Original Message
Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$107,764.73
Share
Signals
Top Traders
Feed
Alerts