Bitcoin will go UP by Bullish ðFlagð Patternâ°(15Min)
āļāļĩāđāļāļąāļāđāļāļ:
Hi guys, I hope that you had a great weekend.ðĨģ
â Bitcoin seems to have managed to break the Important Resistance line (at least temporarily) and is currently completing a pullback to this line.
ðCurrently, Bitcoin is moving near the ðĒSupport zone($27,100-$27,040)ðĒand SMA(100).
ðIn terms of classic technical analysis, it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern.
ðThe structure of the waves inside the Flag is the Double Three Correction(WXY) type.
ðI expect Bitcoin to rise toward the ðīResistance zone($27,600-$27,300)ðī after breaking the upper line of the descending channel.
âïļNoteâïļ: if Bitcoin goes below the ðĒSupport zone($27,100-$27,060)ðĒ we have to expect that Bitcoin will go down more.
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ðâPositive Newsâð:
In general, October has been a good month for cryptocurrencies.
ðâNegative Newsâð:
New U.S. Bill Proposes Enhanced Oversight for Cryptocurrency Transactions
Gemini Crypto Exchange Exits Dutch Market.
Major Exchange Experienced $116 Million in Outflow in Ethereum, Bitcoin, and USDT.
Fornite Developer Cuts 16% of Workforce Amid Metaverse Revenue Shortfall.
SEC Files Lawsuit Against FTX Auditor.
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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 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.
â Bitcoin seems to have managed to break the Important Resistance line (at least temporarily) and is currently completing a pullback to this line.
ðCurrently, Bitcoin is moving near the ðĒSupport zone($27,100-$27,040)ðĒand SMA(100).
ðIn terms of classic technical analysis, it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern.
ðThe structure of the waves inside the Flag is the Double Three Correction(WXY) type.
ðI expect Bitcoin to rise toward the ðīResistance zone($27,600-$27,300)ðī after breaking the upper line of the descending channel.
âïļNoteâïļ: if Bitcoin goes below the ðĒSupport zone($27,100-$27,060)ðĒ we have to expect that Bitcoin will go down more.
--------------------------------------------------------------------------------
ðâPositive Newsâð:
In general, October has been a good month for cryptocurrencies.
ðâNegative Newsâð:
New U.S. Bill Proposes Enhanced Oversight for Cryptocurrency Transactions
Gemini Crypto Exchange Exits Dutch Market.
Major Exchange Experienced $116 Million in Outflow in Ethereum, Bitcoin, and USDT.
Fornite Developer Cuts 16% of Workforce Amid Metaverse Revenue Shortfall.
SEC Files Lawsuit Against FTX Auditor.
--------------------------------------------------------------------------------
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 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
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
âïļTarget DoneâïļðLess than one hour ð
āļāļąāļāļāļķāļāļāđāļ§āļĒāļāļģ
BTC maybe can touch $28,300 today(maybe more).āļāļąāļāļāļķāļāļāđāļ§āļĒāļāļģ
The next ðīResistance zone($28,450-$28,080)ðī that Bitcoin is likely to attack today (although it may have a small correction).āļāļąāļāļāļķāļāļāđāļ§āļĒāļāļģ
As I said, BTC was able to touch $28,300â
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