Hi everyoneð.
ðââïļBitcoin is moving in the ðĒSupport zone($25,840_$25,600)ðĒ and near the Support line, and the lower line of the Ascending channel.
ðAccording to the theory of Elliott waves, it seems that Bitcoin is completing Corrective Waves inside the ascending channel.
ðĄSince parallel markets such as Gold have taken a downward trend in the past day and the DXY index has an upward trend, but Bitcoin managed to maintain the ðĒSupport zone($25,840_$25,600)ðĒ and the Support line. (This can be a good sign that increases the possibility of Bitcoin increasing in the coming hours.)
ðI expect Bitcoin to reach the upper part of the ascending channel and the ðīResistance zone($27,000-$26,350)ðī in the coming hours to complete Wave C.
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ðâPositive Newsâð:
Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein.
OKX Cryptocurrency Exchange Expands into India, Focusing on Web3 Potential and Local Talent.
ðâNegative Newsâð:
Crypto Exchange Volumes Fall to 2020 Levels as Institutional Funds Hemorrhage.
Drake-Backed Crypto Casino Stake Loses $FWB:40 M in 'Unauthorized' Transfers.
Trouble in the Metaverse: 99% of Play-to-Earn Investors Now Counting Their Losses.
Exploits, hacks and scams stole almost $1B in 2023: Report.
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Bitcoin Analyze ( BTCUSDT ), 1-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.
ðââïļBitcoin is moving in the ðĒSupport zone($25,840_$25,600)ðĒ and near the Support line, and the lower line of the Ascending channel.
ðAccording to the theory of Elliott waves, it seems that Bitcoin is completing Corrective Waves inside the ascending channel.
ðĄSince parallel markets such as Gold have taken a downward trend in the past day and the DXY index has an upward trend, but Bitcoin managed to maintain the ðĒSupport zone($25,840_$25,600)ðĒ and the Support line. (This can be a good sign that increases the possibility of Bitcoin increasing in the coming hours.)
ðI expect Bitcoin to reach the upper part of the ascending channel and the ðīResistance zone($27,000-$26,350)ðī in the coming hours to complete Wave C.
--------------------------------------------------------------------------------
ðâPositive Newsâð:
Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein.
OKX Cryptocurrency Exchange Expands into India, Focusing on Web3 Potential and Local Talent.
ðâNegative Newsâð:
Crypto Exchange Volumes Fall to 2020 Levels as Institutional Funds Hemorrhage.
Drake-Backed Crypto Casino Stake Loses $FWB:40 M in 'Unauthorized' Transfers.
Trouble in the Metaverse: 99% of Play-to-Earn Investors Now Counting Their Losses.
Exploits, hacks and scams stole almost $1B in 2023: Report.
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 1-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.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
BTCUSDT
ðĒPosition: Long
â Entry Point: 25650.0 USDT (Limit Order)
âïļStop Loss: 25420.0 USDT
ð°Take Profit:
ðŊ 26200.0 USDT
Risk-To-Reward: 2.39
Double my volume @25420.0 USDT, then transfer your Stop Loss(SL) to $25180 USDT == martingale strategy
BTCUSDT
ðĒPosition: Long
â Entry Point: 25650.0 USDT (Limit Order)
âïļStop Loss: 25420.0 USDT
ð°Take Profit:
ðŊ 26200.0 USDT
Risk-To-Reward: 2.39
Double my volume @25420.0 USDT, then transfer your Stop Loss(SL) to $25180 USDT == martingale strategy
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ:
I closed position
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ðif you want to learn Technical Analysis = Please Contact með t.me/Ad_ProTrader365
Focus on the rectangle pattern