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Technical analysis by EduwaveTrading about Symbol BTC: Buy recommendation (5/17/2025)

https://sahmeto.com/message/3520001
EduwaveTrading
EduwaveTrading
Rank: 163
3.3
Buy،Technical،EduwaveTrading

Hi traders,Last week Bitcoin went a little more up to finish wave 3 (updated wavecount) and after that it started a bigger correction.This looks like a Triangle wave 4 (grey). So if this is true, then we could see the next upmove soon.Let's see what the market does and react.Trade idea: Wait for a change in orderflow to bullish, an impulse wave up and a small correction down on a lower timeframe to trade longs.If you want to learn more about trading FVG's with wave analysis, please make sure to follow me.This shared post is only my point of view on what could be the next move in this pair based on my analysis.Don't be emotional, just trade your plan!Eduwave

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$112,000
Stop Loss Price
$98,000
Price at Publish Time:
$102,854.69
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