ðĻBitcoin is Ready to Decrease to the Uptrend lineðĻ
ðââïļBitcoin is moving in the ðĄPotential Reversal Zone(PRZ)($50,100-$47,000)ðĄ.
ðĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
ðAccording to the theory of Elliott waves, five impulse waves have been completed in ðĄPotential Reversal Zone(PRZ)($50,100-$47,000)ðĄ.
ðI expect Bitcoin to fall at least to the Uptrend line, and if this line breaks, we can expect Bitcoin to fall to the ðĒSupport zone($44,700-$41,780)ðĒ.
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.
ðĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
ðAccording to the theory of Elliott waves, five impulse waves have been completed in ðĄPotential Reversal Zone(PRZ)($50,100-$47,000)ðĄ.
ðI expect Bitcoin to fall at least to the Uptrend line, and if this line breaks, we can expect Bitcoin to fall to the ðĒSupport zone($44,700-$41,780)ðĒ.
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.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
The fear and greed index has reached its highest level since the Bitcoin price of $69,000(November 2021). ==ðą79ðą
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Bitcoin started to fly like a dragon at the beginning of the Chinese year, although the analysis is still valid.
Of course, news: Bitcoin's ecosystem set for overhaul with innovative NFT-like ordinals
It can be effective.
The best criterion is the upper line of the ascending channel; if it fails, the scenario will be