Technical analysis by Stoic-Trader about Symbol BTC: Buy recommendation (8/24/2025)
https://sahmeto.com/message/3732550

Stoic-Trader
Rank: 102
Analytical Power:
3.6

> Wave count structure: Current analysis places BTC in green wave V, with wave IV confirmed as valid as long as price stays above 108,790. > RSI support: Presence of bullish RSI divergence reinforces the case for wave IV completion and the start of a new impulsive leg higher. > Key invalidation level: A break below 108,790 would invalidate this count and suggest a deeper correction or alternate structure is in play. > Target projection: If the current wave V unfolds as expected, the bullish target is a new all-time high above 124,000. > Setup bias: As long as BTC holds above support and RSI maintains divergence, traders may consider buying pullbacks with stops below 108,790 in anticipation of trend continuation.
Translated from: English
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$113,604.27