ðĨ All ways for Bitcoin ðĨ
āļāļĩāđāļāļąāļāđāļāļ:
Hi, thanks for spending your time on my posts ð.
Bitcoin Analyze (BTCUSDT) Timeframe 4h â° (sorry for the busy chart, but my chart needed these lines).
We saw a great pump for about 1 day and 8 hours ðą (One of the reasons was for Elon Musk's Group (Tesla)). Ascent slop was 70 degrees (normal degree is 45), so I expected that the uptrend will not continue like before (it's like âïļsnowingâïļ, when we are watching heavy snowing, most of the time snowing will stop soon).
Location: Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5). If you followed my posts, we found End of microwave 4 of main wave C (40840$ on Descending Triangle). after that we had to find the end of microwave 5 of main wave C (End of our correction). If the price goes UP over 42400$, I can say that the end of microwave 5 is 33179$ (Point D on our chart), also we are on 5 new impulsive waves. Otherwise, microwave 5 will be the complex type (WXY_WXYXZ).
Patterns: Bitcoin was able to make Descending Triangle, but this pattern failed yesterday by that pump (Pay attention to Point E). At our triangle, I found a Reverse Head and Shoulder Pattern that the upper line of our triangle was the necking line of this pattern + Bullish Flag pattern (Inside of our triangle).
In addition, I tried to show you our Resistance Zones that we have in front of Bitcoin.
Resistance zones on Bitcoin's way (Respectively):
Resistance zone: 41340$ until 40800$ (Resistance + Cluster of Fibs)/ The price is behind it right now == Medium Resistance
Resistance zone: 42250$ until 4225$ (Monthly Pivot Point + Bearish AB=CD Harmonic Pattern + Cluster of Fibs + Pitchfork's line + Fib circle)/ I don't think that Price can break this zone just with one test.== Heavy Resistance, pay attention to green Rectangle.
Resistance zone: 44280$ until 44071$ (Bullish Flag Pattern's Target + Cluster of Fibs + point D of Bearish Deep CrabðĶ ) == Medium Resistance
Resistance zone: 46186$ until 45320$ (Resistance + Cluster of Fibs + Yearly Resistance 2 + Reverse Head and Shoulder's Target )/ == Heavy Resistance
My Suggestion: First Altseason has ended ( i am talking about now), so better, we try on Bitcoin For buying or open Long positions/ If you find triggers for buying bitcoin, please do not buy your fund just in one step, enter in your trade with 2 or 3 steps// if you want to find triggers for Short positions, you can concentrate on TRZ and Resistance zones, especially on a green Rectangle.// Also, you can watch my Hypothetical ways, I will try to update.
Again sorry for the busy chart, if you have questions, please write them below this post. (If you like my explanation, please likeâ my post.
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 'like' button ðð & Share it with your friends, Thanks, and Trade safe.
Good luck
Bitcoin Analyze (BTCUSDT) Timeframe 4h â° (sorry for the busy chart, but my chart needed these lines).
We saw a great pump for about 1 day and 8 hours ðą (One of the reasons was for Elon Musk's Group (Tesla)). Ascent slop was 70 degrees (normal degree is 45), so I expected that the uptrend will not continue like before (it's like âïļsnowingâïļ, when we are watching heavy snowing, most of the time snowing will stop soon).
Location: Bitcoin's Correction has started around 64200$ (The Corrective structure is Zig Zag 5-3-5). If you followed my posts, we found End of microwave 4 of main wave C (40840$ on Descending Triangle). after that we had to find the end of microwave 5 of main wave C (End of our correction). If the price goes UP over 42400$, I can say that the end of microwave 5 is 33179$ (Point D on our chart), also we are on 5 new impulsive waves. Otherwise, microwave 5 will be the complex type (WXY_WXYXZ).
Patterns: Bitcoin was able to make Descending Triangle, but this pattern failed yesterday by that pump (Pay attention to Point E). At our triangle, I found a Reverse Head and Shoulder Pattern that the upper line of our triangle was the necking line of this pattern + Bullish Flag pattern (Inside of our triangle).
In addition, I tried to show you our Resistance Zones that we have in front of Bitcoin.
Resistance zones on Bitcoin's way (Respectively):
Resistance zone: 41340$ until 40800$ (Resistance + Cluster of Fibs)/ The price is behind it right now == Medium Resistance
Resistance zone: 42250$ until 4225$ (Monthly Pivot Point + Bearish AB=CD Harmonic Pattern + Cluster of Fibs + Pitchfork's line + Fib circle)/ I don't think that Price can break this zone just with one test.== Heavy Resistance, pay attention to green Rectangle.
Resistance zone: 44280$ until 44071$ (Bullish Flag Pattern's Target + Cluster of Fibs + point D of Bearish Deep CrabðĶ ) == Medium Resistance
Resistance zone: 46186$ until 45320$ (Resistance + Cluster of Fibs + Yearly Resistance 2 + Reverse Head and Shoulder's Target )/ == Heavy Resistance
My Suggestion: First Altseason has ended ( i am talking about now), so better, we try on Bitcoin For buying or open Long positions/ If you find triggers for buying bitcoin, please do not buy your fund just in one step, enter in your trade with 2 or 3 steps// if you want to find triggers for Short positions, you can concentrate on TRZ and Resistance zones, especially on a green Rectangle.// Also, you can watch my Hypothetical ways, I will try to update.
Again sorry for the busy chart, if you have questions, please write them below this post. (If you like my explanation, please likeâ my post.
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 'like' button ðð & Share it with your friends, Thanks, and Trade safe.
Good luck
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Our TRZ worked ð, and follow lines.
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RSI Analyze (BTC), Timeframe dailyð
Pullback or Fake break ð§â
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BTC Analyze (Play with Pitchfork's Linesðī + Fib Circle)
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The new post read it please: Bitcoin Analyze (Technical & Fundamental)!!!
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New post, with New update.
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Follow Range Channelð, Timeframe 15min.
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New post ð
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New post please read ðBitcoin Analyze (Candlestick Analysis)!!! ð
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New post: Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!
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