Technical analysis by ebadshafi89 about Symbol BTC: Sell recommendation (8/10/2025)

BTCUSDT (BINANCE) – 4H Thesis : Price has broken out of the descending channel (7/25–8/10). Holding above the upper boundary ~115,400 suggests a shift from corrective structure to potential trend continuation higher. A clean retest may offer the better R:R. Key Levels • Resistance : 119,200–120,000; 121,500–122,000; 123,800–124,500 • Support : 117,200–116,500; 115,400 (channel top / breakout line); 113,000; 111,000 Momentum/Signals • MACD is above zero with expanding lines; histogram positive (could cool near resistance). • RSI ~65 on 4H, rising yet not overbought—room higher, but prone to pullback if 70+. Trade Ideas • Long on retest : Look for acceptance above 115,400–116,000 after a pullback (wick + strong 4H close). – Invalidation : 4H close back inside channel <115,400. – Targets : 119,500–120,000 (T1), 121,500–122,000 (T2), 124,000 (T3). • Breakout continuation : If price closes >119,200 with rising volume, consider momentum long. – Invalidation : 4H close <118,200. – Targets : 120,000 (T1), 121,500–122,000 (T2). • Contrarian short (only if failed breakout) : 4H close back below 115,400 and midline rejection. – Targets : 113,000 (T1), 111,000 (T2). – Invalidation : back above 116,300. Risk Management • Size for 1–2% account risk. Wait for 4H candle confirmation; avoid chasing into 120k supply. • Weekend liquidity often creates wicks—plan entries around closes, not intrabar noise. Context : A channel break often precedes a change of character; maintaining higher lows above 115.4k keeps the bullish case intact. Re-entry into the channel would negate. Disclaimer : This is an analysis, not financial advice. Manage your own risk.