Technical analysis by shakatrade1_618 about Symbol BTC: Buy recommendation (4/16/2025)
https://sahmeto.com/message/3422284

shakatrade1_618
Rank: 281
Analytical Power:
3.0
BTC: Local Long Setup in Play
:Buy
Price at Publish Time:
$84,415.84
Profit Target:
(+6.62%)$90,000
Stop Loss Price:
(-5.23%)$80,000

A leading diagonal (cLD) has formed on the chart — potentially completing wave A or 1. We're now seeing the development of a corrective wave B/2. 📍 Key demand zone: 82,000 – 80,000 This area is supported by: • Fibonacci extensions • VWAP and balance zone • 4H BPR • Strong volume cluster (profile-based) ⏳ This is a local setup, but if confirmed, it may kick off wave 3/C with a potential target at 90K+. BTCUSDT BTCUSD BTCUSDT.P
Source Message: TradingView