Bitcoin / TetherUS
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🗚ïļBitcoin Roadmap🗚ïļâ°(4-Hour)⏰

āļ—āļĩāđˆāļ­āļąāļ›āđ€āļ”āļ•:
ðŸ’ĄBitcoin is trying to break the Descending Channel during these hours.

ðŸ’ĄAlso, for the second time, Bitcoin is trying to break one of the important ðŸŸĄPrice Reversal Zone(PRZ)ðŸŸĄ.

🌊According to the theory of Elliott waves, if the descending channel breaks validly, we can confirm the end of microwave 4 of the main wave 3, otherwise microwave 4 can have a structure similar to Double Three Correction(WXY).

🔔I expect the end of the main wave 3 to be at or slightly above the upper end of theðŸŸĄPrice Reversal Zone(PRZ)ðŸŸĄ, so we should expect a ðŸŪBull TrapðŸŪ in the higher of the ðŸŸĄPrice Reversal Zone(PRZ)ðŸŸĄ.

🔔Finally, Bitcoin starts to Fall after confirming the end of the main wave 3, and the fall ðŸŽŊTargetsðŸŽŊ can be Support lines and ðŸ”ĩCME GapsðŸ”ĩ.

ðŸ’ĄIn the end, I must say that wave counting during these last few weeks was one of the most challenging analyses in terms of Elliott's theory.

❗ïļâš ïļNote⚠ïļâ—ïļ: An important point you should always remember is capital management and lack of greed.

Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.

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 gladly see your ideas in this post.

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āļāļēāļĢāļ‹āļ·āđ‰āļ­āļ‚āļēāļĒāļĒāļąāļ‡āļ„āļ‡āļ”āļģāđ€āļ™āļīāļ™āļ­āļĒāļđāđˆ
Long
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Risk free was touched for Long Position
āļāļēāļĢāļ‹āļ·āđ‰āļ­āļ‚āļēāļĒāļĒāļąāļ‡āļ„āļ‡āļ”āļģāđ€āļ™āļīāļ™āļ­āļĒāļđāđˆ
Short Position
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