ðââïļBitcoin is moving in the ðīResistance zone($43,500_$42,800)ðī and near the[ b]Resistance line and inside the Ascending Channel.
ðAccording to the theory of Elliott waves, Bitcoin seems to be completing a Zigzag(ABC/5-3-5) correction in the ascending channel so that wave A has an Expanding Leading Diagonal.
ðĄAlso, Bitcoin has managed to form a ðĶBearish Deep Crab Harmonic PatternðĶ.
ðI expect Bitcoin to start falling after breaking the lower line of the ascending channel.
âïļâ ïļNoteâ ïļâïļ: If Bitcoin breaks the Resistance line, the scenario will change.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute 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 gladly see your ideas in this post.
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