Bitcoin (BTC) 25.03.2025 The Bitcoin coin quotes are actively rising and overall show a desire to continue growing on the chart. However, I am currently considering this in relation to the sell signal on the H4 timeframe. Logically, I was expecting a decrease after a combination of three candles on the daily timeframe, which I marked with an orange rectangle. Some people call this combination "rails", it can be called a sandwich or a sandwich. First, there was a bearish day with the character of engulfing the previous candle. Then, the "filling" in this sandwich was a bullish day and after that, it was again covered with southern engulfing. This formation was intended to lead to further decline, but it was immediately cut off. As a result, we broke above the red wedge and are currently growing quite actively. Looking at it relative to the sell signal scheme on the H4, we are right near the level of 87894.36, which was intended for a risk-to-reward ratio of 1 to 2 for sales. If this is a trend reversal, then we need to understand what price targets the buy signals on the H4 timeframe have. It is worth noting that two signals did not work out, as their cancellation was below the level of 78089.91. Of course, this could have been a false breakout, but buyers with stop-losses won't be convinced of that. Signal targets can be achieved by the market, even if the stop-loss was hit, as this expectation is built into the market as a magnetic level. Speaking of the primary buy signal during the growth impulse, according to the blue Fibonacci grid, its targets are at the level of 106291.30. Logically, if the coin decides to fall and execute a sell signal, it is better for it not to rise above, otherwise it will start releasing buyers from positions (where decisions were made based on buy signals), weakening the idea of the sell signal. The cancellation of the sell signal is above the level of 94964.26. Any idea can work out or not, so it is better to factor in the calculated risk for the trade. For now, I am also sticking to my selling plan without changes, but I would like to see a decline from current levels, otherwise I will just have to work on secondary buy signals on the H4 towards their targets (in addition to the main primary ones). For example, one of the buy signals is looking at targets of 91219.04.
