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Technical analysis by Shotokhan about Symbol BTC: Sell recommendation (7/12/2025)

https://sahmeto.com/message/3628577
Shotokhan
Shotokhan
Rank: 29917
1.0
Sell،Technical،Shotokhan

As you can see the breakout had 3 days of rising volume and OBV also broke out so it should bne legit. On daily the upper band of the TMA bands is being tested, probably soon we'll see a retracement, I suppose the former resistance is now the support to test, however if the euphory continues we could see another peak of the price while RSI stays below the "overbought zone". I'd look at opportunities to short although I usually don't trade BTC, I use it mostly as indicator on when to buy alts. Good luck

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$117,825.77
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