ðââïļBitcoin is moving near the ðīResistance zone($44,800-$44,160)ðī and Inside the Ascending Channel.
ðAccording toElliot's wave theory, wave 3 ended near 50_SMA(Daily), and now we have to wait for the confirmation of the end of wave 4.
ðIt seems that the structure of wave 4 is the Double Three Correction(WXY).
ðWith a lower line of ascending channel broken, we can confirm the end of wave 4.
ðAfter breaking the lower line of the ascending channel, I expect Bitcoin to Fall at least to the ðĒSupport zone($40,900-$40,200)ðĒ and complete wave 5 (wave 5 can even be truncated).
âïļâ ïļNoteâ ïļâïļ: If Bitcoin can break the ðīResistance zone($44,800-$44,160)ðī, 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.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
ðAccording toElliot's wave theory, wave 3 ended near 50_SMA(Daily), and now we have to wait for the confirmation of the end of wave 4.
ðIt seems that the structure of wave 4 is the Double Three Correction(WXY).
ðWith a lower line of ascending channel broken, we can confirm the end of wave 4.
ðAfter breaking the lower line of the ascending channel, I expect Bitcoin to Fall at least to the ðĒSupport zone($40,900-$40,200)ðĒ and complete wave 5 (wave 5 can even be truncated).
âïļâ ïļNoteâ ïļâïļ: If Bitcoin can break the ðīResistance zone($44,800-$44,160)ðī, 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.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
BTC was able to break the ascending channel.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Considering that the Trading Volume on Saturdays and Sundays is generally low, we should wait the next week for a new movement (most likely).
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļąāļāļāļēāļāļāļļāļ:
The position RR=3.00 las was touched, but you could have made other profits from this position.
Reason: The news about the ETF increases the market's excitement.
Reason: The news about the ETF increases the market's excitement.
ðReal & Accurcy Free & VIP Signalsð t.me/ProTrader_365
ðPlease follow us on Telegram for more analysis.ð t.me/ProTrader_365
ðif you want to learn Technical Analysis = Please Contact með t.me/Ad_ProTrader365
ðPlease follow us on Telegram for more analysis.ð t.me/ProTrader_365
ðif you want to learn Technical Analysis = Please Contact með t.me/Ad_ProTrader365
The above news may cause the market to become excited, so be sure to place a Stop Loss.