Technical analysis by TradinSides about Symbol BTC: Buy recommendation (4/4/2025)
https://sahmeto.com/message/3386899
TradinSides
Rank: 16414
Analytical Power:
1.4
$BTC bullish / bearish uptrend trajectory
Buy
Price at Publish Time:
$83,629.68
Profit Target:
(+43.49%)$120,000
Stop Loss Price:
(-34.23%)$55,000
The BTC is completing its 4th #ElliottWave on the weekly timeframe.The 1W #MA50 still serves as historical #support, with Trump's #tariffs as a drag.The optimistic scenario extends the 5th point to ~120K, while a pessimistic scenario expects a #retest of the ~55K support zone of the 200 Moving Average.
Source Message: TradingView