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Technical analysis by Ibrahim_Trade786 about Symbol BTC: Buy recommendation (7/22/2025)

https://sahmeto.com/message/3652075
Buy،Technical،Ibrahim_Trade786

BTCUSDT Elliott Wave Update: Anticipating the Next Move Hey Traders! 👋 Taking a closer look at BTCUSDT, the chart reveals a compelling Elliott Wave structure unfolding. 🔍 After completing what appears to be a complex corrective wave (ABCDE), price action suggests we may now be progressing through a new impulsive sequence — potentially part of a larger bullish continuation. Here’s the breakdown: ✅ Corrective Phase Complete — The earlier ABCDE pattern seems to have resolved, setting the stage for the next move. ✅ Impulse in Progress — We are likely mid-way through a 5-wave impulsive structure, with waves (i), (ii), and (iii) already in place. ✅ Wave (iv) Underway? — Current movement could be forming wave (iv), with a final push for wave (v) expected next. ✅ Trendlines in Focus — Blue trendlines on the chart are acting as dynamic support/resistance zones that align well with wave projections. 🎯 What I’m Watching Next: I’ll be watching for a confirmed end to wave (iv), followed by a potential rally into wave (v), possibly targeting the upper blue trendline or previous swing highs. 🧠 Remember: No wave count is ever guaranteed. Always manage your risk and let the market confirm your plan. Please help me with 🚀 boost and drop a comment about my analysis and thanks

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Signal Type: Buy
Time Frame:
30 minutes
Profit Target:
$119,000
Stop Loss Price
$116,591
Price at Publish Time:
$117,346.77
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