Technical analysis by AwesomeOscDad about Symbol BTC: Buy recommendation (5/25/2025)

🕒 Timeframe: 15-Minute💰 Pair: BTC/USD⸻🔍 Wave Structure & Momentum AnalysisUsing Elliott Wave Theory, we can clearly identify a completed 5-wave impulsive move down:•(1) → (2) → (3) → (4) → (5)•Wave (5) completes with a bullish divergence against the Awesome Oscillator (AO), signaling weakening bearish momentum.•Both price and AO show a clear divergence between wave (3) and wave (5), hinting at a possible reversal or corrective phase.⸻🔁 Break of Structure & SNR Zone•Price is currently reacting to a key Support-turned-Resistance (SNR) level around 107,724.•A confirmed break and close above this SNR will mark a break of structure, strengthening the bullish case.•I will wait for the price to close above 107,724 on the 15M timeframe to confirm this break.⸻🧠 What’s Next? ABC Retracement for Entry•Upon break of structure, I will look for a nearest bullish Supply & Demand (SND) zone as a potential entry point.•Ideally, I will wait for an ABC corrective retracement (after the break) to enter long.•Entry will be placed at the base of the SND zone formed during the corrective leg.⸻📌 Trade Plan Summary•✅ Wave 12345 completed (impulse wave down).•✅ Bullish divergence confirmed with AO.•⚠️ Watching for break and close above 107,724 (key SNR).•🔎 If broken, wait for ABC correction into SND zone to initiate long position.•🎯 Target: Mid to Upper structure zone based on previous supply.•❌ Invalidation: If price fails to break above 107,724 or breaks below recent swing low (wave 5), setup is void.⸻📈 Technical Confluence•Elliott Wave Count•AO Divergence•Break of Structure (BoS)•SNR Level•Awaiting ABC Pullback into SND⸻💬 Let me know what you think! Are you seeing the same structure? Waiting patiently for confirmation before entering.#BTCUSD #ElliottWave #BreakOfStructure #SupplyAndDemand #AO #CryptoAnalysis #SmartMoney #15MinChart