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Technical analysis by RICHINVESTOR about Symbol BTC: Sell recommendation (8/9/2025)

https://sahmeto.com/message/3694691
RICHINVESTOR
RICHINVESTOR
Rank: 1531
2.5
Sell،Technical،RICHINVESTOR

A bearish Gartley harmonic pattern has completed on the 4 hour timeframe of Bitcoin suggesting a potential pullback. The pattern also has some indicators divergence as a confluence. Short position opened at the lower high has downside targets at the 38.2% and 61.8% Fibonacci retracements. Stop loss placed just above the lower high to protect against invalidation. Cheers my fellow traders.Testing out these harmonic patterns. Stop loss hit and trade closed in a small loss.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Profit Target:
$115,976
Stop Loss Price
$117,328
Price at Publish Time:
$116,696.93
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