Bitcoin Analysis ==>>Second Attack
Updated
As I expected from the ✅previous post✅, Bitcoin(
BTCUSDT) started correcting, and failed in the first attack on the Important Resistance lines.
Bitcoin seems to be preparing itself for the next Attack on the Important Resistance lines.
It seems that Bitcoin was able to break the upper line of the descending channel and Resistance zone($89,980-$89,000).
According to Elliott's wave theory, Bitcoin seems to complete Zigzag Correction. One of the most likely scenarios for microwave 5 of the main wave 5 could be the Expanding Ending Diagonal.
I expect Bitcoin to attack the Important Resistance lines and Potential Reversal Zone(PRZ)[$95,000-$91,880] for the2️⃣Second time2️⃣.
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDT) started correcting, and failed in the first attack on the Important Resistance lines.Bitcoin seems to be preparing itself for the next Attack on the Important Resistance lines.
It seems that Bitcoin was able to break the upper line of the descending channel and Resistance zone($89,980-$89,000).
According to Elliott's wave theory, Bitcoin seems to complete Zigzag Correction. One of the most likely scenarios for microwave 5 of the main wave 5 could be the Expanding Ending Diagonal.
I expect Bitcoin to attack the Important Resistance lines and Potential Reversal Zone(PRZ)[$95,000-$91,880] for the2️⃣Second time2️⃣.
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade was activated after BTC broke the upper line of the descending channel and resistance zone.Trade closed manually
I did it Risk-Free.
The movement on Saturday and Sunday was expected with low momentum because the trading volume is generally low. Of course, in recent weeks we have seen that some major movements of Bitcoin happened on Saturday and Sunday.
It seems that Bitcoin should be corrected again; that's why I made this position risk-free.
But you can follow according to your own strategy.
I will try to Update BTC soon.
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