BTCUSD: SELL 90745, SL 92200, TP 85450 | 25 Febrero 2025
25 Febrero 2025, BTCUSD
The situation regarding the trading instrument under consideration continues to unfold within the framework of the previously proposed wave scenario. Earlier, presumably, the development of Wave [x] was completed, taking the form of a horizontal zigzag, after which the price plunged.
The decline observed at the moment appears to be the second part of a complex corrective structure representing a double zigzag. If this is indeed the case, we will soon see a continuation of the decline in the cost of digital gold, roughly along the trajectory schematically depicted in the chart provided.
In this situation, entering sell trades appears to be a promising trading decision.
Investment idea: SELL 90745, SL 92200, TP 85450.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
