If you look carefully at the Bitcoin chart in the 4-hour time frameâ°, we can see three classic reversal patterns(at the same time).
Each pattern seems to complement the other pattern, and the last pattern we have to wait for is the Rounding Top pattern. With the Rounding Top pattern neckline breaking, the three patterns worked correctly, and Bitcoin is expected to decline at least to the ðĒsupport zone($25,250-$24,830)ðĒ (even more).
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 be glad to 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.
- The first pattern is Symmetrical Triangle patternðĐ, which in general, the continuation pattern can be used as a reversal pattern in some cases (for example, right now ð)
- The second pattern is the Diamond Top patternð.
- The third pattern is the Rounding Top patternð.
Each pattern seems to complement the other pattern, and the last pattern we have to wait for is the Rounding Top pattern. With the Rounding Top pattern neckline breaking, the three patterns worked correctly, and Bitcoin is expected to decline at least to the ðĒsupport zone($25,250-$24,830)ðĒ (even more).
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 be glad to 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:
Bitcoin analysis from the point of view of Elliott waves
Bitcoin analysis from the point of view of Elliott waves
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Bitcoin is completing the right Lip
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Bitcoin can break the ðĒsupport zone($25,250-$24,830)ðĒ or not?