I don't know that did you read my previous post about Bitcoin analysis or not !? if YES, please read this post, if NO, first please read my post with the topic '' Bitcoin Analyze (Road Map)!!!ðšïļ''.
In this post, According to my last post about Bitcoin, I tied to analyze Bitcoin in short term.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4 minâ°
Bitcoin is moving in Expanding Diagonal for more than 12 days, at the same time it is dancing in range channel. Bitcoin was able to complete its four microwaves on diagonal. I tried to show the end of microwave 5 for this movement on my chart. The end of microwave 5 can end at my TRZ (Time Reversal Zone).
ðŊTarget Zone for Microwave 5ðŊ : 51300$-49820$
If Bitcoin can break the lower line of range channel, then we will be sure about this pattern works. As a result, in the first step, we can concentrate on the range channel in which direction it breaks. in addition, we can use the range channel as our trigger for opening Short position.
âïļNoteâïļ: if Bitcoin can break the upper line of Expanding digonal= Counting waves will change for the short term.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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