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Technical analysis by Elite_Gold_Mines about Symbol BTC: Sell recommendation (7/9/2025)

https://sahmeto.com/message/3621843
Elite_Gold_Mines
Elite_Gold_Mines
Rank: 695
2.8
Sell،Technical،Elite_Gold_Mines

btcusd market can reverse as it seems unable to break the 110500 area and the double top indicates the rejection at the price 110000. now the potential sell areas are 110000 and 109500 as market can drop from these position. For further drop the breakout of 107500 would play a vital role. Market might drop up to the 105000 and bounce back as this area is a bullish potential area. Technical Overview:Potential Sell Areas: 110000, 109500Targets: 107000, 105000Resistance: 110500, 111500Support : 107000, 105000Possible Bearish Breakout: 107000Remember the breakout would play a vital role in forming a bearish trend.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$109,130.18
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