ðââïļAfter breaking the ðīResistance zone($44,700-$41,780)ðī, Bitcoin has reached the top of the Ascending Channel with the help of the Symmetrical Triangle Pattern.
ðââïļBitcoin is also currently moving near the ðĄPotential Reversal Zone(PRZ)($50,100-$47,000)ðĄ.
ðIn terms of Elliott wave theory, Bitcoin seems to be. It has completed wave 3 at the top of the ascending channel and is completing wave 4.
ðI expect wave 4 to end near the broken ðīResistance zone($44,700-$41,780)ðī and Bitcoin will start to rise again to the ðĄPotential Reversal Zone(PRZ)($50,100-$47,000)ðĄ.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-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 gladly 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.
ðââïļBitcoin is also currently moving near the ðĄPotential Reversal Zone(PRZ)($50,100-$47,000)ðĄ.
ðIn terms of Elliott wave theory, Bitcoin seems to be. It has completed wave 3 at the top of the ascending channel and is completing wave 4.
ðI expect wave 4 to end near the broken ðīResistance zone($44,700-$41,780)ðī and Bitcoin will start to rise again to the ðĄPotential Reversal Zone(PRZ)($50,100-$47,000)ðĄ.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-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 gladly 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.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ:
Short
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
It seems that the five waves of Impulsio are over, but considering Bitcoin's growth momentum, it may not be a deep correction.
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Market Cap USDT Dominance% (USDT.D%) is moving in a ðĒHeavy Support zone(5.80%-5.20%)ðĒ and a descending channel.
It is moving near the bottom of a descending channel and an important support line.
I expect Market Cap USDT Dominance% (USDT.D%) to rise in the short term which could cause the cryptocurrency market to correct.