Technical analysis by ictc3d about Symbol BTC: Buy recommendation (3/30/2025)

This analysis applies Elliott Wave Theory using ghost candles to project potential future price movement for BTC/USDT Perpetual on Pionex.Wave Structure: Completed (W)-(X)-(Y) correction followed by a speculative (A)-(B)-(C) correction using ghost candles.Key Levels: Support at $110,791.5 (trendline), Resistance at $140,454.5.Volume Confirmation: Low volume (154.4K) confirms the projected wave is speculative.Forecast: If price respects the trendline, the next impulse wave could reach $140,454.5. A breakdown could target $73,238.2.