Bitcoin / TetherUSāđāļāļīāđāļĄāļāļķāđāļ
End of Correction and Beginning of Rise of Bitcoinð(Short-term)
āļāļĩāđāļāļąāļāđāļāļ:
Hi everyoneð.
I hope you have a great weekend.ðĨģðĨģðĨģ.
Today I want to analyze the structure of the waves during the last 4 days.
ðThe 5 impulsive waves that Bitcoin created were due to the of ðMicroStrategy Newsð and then started to form corrective waves.
ðThe structure of Bitcoin correction waves is Double Three Correction(WXY).
ðBitcoin seems to have completed the main wave Y in the ðĄPrice Reversal Zone(PRZ)ðĄ.
ðBitcoin needs to break the resistance lines to the upside to confirm the end of the main wave Y.
ðĄAlso, we can see Regular Divergence(RD+) between two consecutive valleys.
ðThis low swing movement is predictable since Volume Trading on Saturdays and Sundays is generally low. I expect Bitcoin to start going up and breaking the resistance lines and reaching the ðŊtargetðŊ in the ðīresistance zone($29,850-$29,480)ðī.
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ðâPositive Newsâð:
Crypto Asset Manager Grayscale Predicts CBDC Support from Next US President, Finds No Red vs. Blue Divide in Crypto Stance.
Binance Users Reach 150 Million, CZ Reveals.
Bank of Russia reveals digital rubleâs logo and commission fees.
âIs this a Bitcoin ad?â Joe Biden unknowingly touts BTC in coffee mug video.
ðâNegative Newsâð:
Crypto Marketâs Fate Is Tied to the S&P 500, Warns Crypto Analyst.
XRP Almost Erasing Post-Ruling Gains.
Crypto Hedge Funds Are Being Hit by Shutdowns, Lagging Returns in 2023.
Centralized exchange trading volumes hit yearly low, though South Korean exchanges resist trend.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame â°.
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.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
I hope you have a great weekend.ðĨģðĨģðĨģ.
Today I want to analyze the structure of the waves during the last 4 days.
ðThe 5 impulsive waves that Bitcoin created were due to the of ðMicroStrategy Newsð and then started to form corrective waves.
ðThe structure of Bitcoin correction waves is Double Three Correction(WXY).
ðBitcoin seems to have completed the main wave Y in the ðĄPrice Reversal Zone(PRZ)ðĄ.
ðBitcoin needs to break the resistance lines to the upside to confirm the end of the main wave Y.
ðĄAlso, we can see Regular Divergence(RD+) between two consecutive valleys.
ðThis low swing movement is predictable since Volume Trading on Saturdays and Sundays is generally low. I expect Bitcoin to start going up and breaking the resistance lines and reaching the ðŊtargetðŊ in the ðīresistance zone($29,850-$29,480)ðī.
--------------------------------------------------------------------------------
ðâPositive Newsâð:
Crypto Asset Manager Grayscale Predicts CBDC Support from Next US President, Finds No Red vs. Blue Divide in Crypto Stance.
Binance Users Reach 150 Million, CZ Reveals.
Bank of Russia reveals digital rubleâs logo and commission fees.
âIs this a Bitcoin ad?â Joe Biden unknowingly touts BTC in coffee mug video.
ðâNegative Newsâð:
Crypto Marketâs Fate Is Tied to the S&P 500, Warns Crypto Analyst.
XRP Almost Erasing Post-Ruling Gains.
Crypto Hedge Funds Are Being Hit by Shutdowns, Lagging Returns in 2023.
Centralized exchange trading volumes hit yearly low, though South Korean exchanges resist trend.
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame â°.
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.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
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