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Technical analysis by NEoWave-Chart about Symbol BTC: Buy recommendation (5/26/2025)

https://sahmeto.com/message/3551923
NEoWave-Chart
NEoWave-Chart
Rank: 3922
1.9
Buy،Technical،NEoWave-Chart

The upward movement that Bitcoin started at $74,550 has many similarities between its waves. Considering the similarity in price and the large time between waves A-C-E-G and waves B-D-F, it is clear that a diametric or symmetrical is forming.Considering that the post-pattern movement after the g-wave has not passed, there are two scenarios:1- Formation of an x-wave after the diametric2- Formation of a symmetricalHowever, considering that the post-pattern movement after the g-wave has not been confirmed and the high similarity in price in all waves, my opinion is that a symmetrical is forming and we will have another upward wave. This upward wave could end at $115,500 or $123,000.Good luckNEoWave Chart

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$123,000
Stop Loss Price
$102,760.7
Price at Publish Time:
$109,850.87
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