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BTCUSDTPERP

#BTC Is the pullback over📊#BTC Is the pullback over❓ 🧠From a structural point of view, the target area of ​​the 1h level short structure has been achieved, so the rebound is reasonable. We have entered the resistance zone. The resistance near the neckline 95822 is relatively heavy, and the rising parallel channel will turn into resistance after being broken. Therefore, we can only maintain a positive attitude if we successfully stand above the neckline resistance zone and stabilize for a period of time. Otherwise, we still need to be cautious about the risk of further decline. Let's see 👀 🤜If you like my analysis, please like 💖 and share 💬 BINANCE:BTCUSDT.P
Short
by wolf_king888
Sideways until around December 3rd (???) (Title) The point of interest is whether it will move sideways until around December 3rd --------------------------------------------- Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The key is whether it can rise with support near the high point area of ​​96372.40-98892.0. If not, the point of interest is whether it can move sideways in the box area of ​​the HA-High indicator of 91792.14-98871.80 until around December 3rd. - Because the gap between the M-Signal indicator on the 1W chart and the M-Signal indicator on the 1D chart is wide, I think it is important to see whether it can move sideways from the current price position. If it falls below the M-Signal indicator on the 1D chart, it is likely to fall near the M-Signal indicator on the 1W chart or the HA-Low indicator on the 1D chart. - If the sideways movement continues until around December 3, I think it is highly likely that an upward movement to break through 100K will begin. At this time, you need to check the movements of the BW and StochRSI indicators. I will tell you more details at that time. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
2
Need to check support near 92600.19 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) Since the next volatility period is around December 3, the point to watch is whether the price can be maintained near the box range of the HA-High indicator (92600.19-98871.80) until then. - The HA-High indicator was created at the 96372.40 point, forming a box range (92600.19-98871.80). This box section is not currently formed by a wave but by a single candle, so there is a possibility that it will expand the box section while moving sideways around this section. Therefore, we need to check whether there is support near the bottom of the box, 92600.19. If we see resistance, the key is whether we can touch the MS-Signal (M-Signal on the 1D chart) indicator and rise. If not, and it falls below the MS-Signal indicator, that is, if it falls below 87.8K, there is a possibility that it will fall to around 79.9K-80.9K, so we need to think about a response plan for this. - Since the StochRSI indicator is showing signs of entering the oversold section, we need to check the position when it rises in the oversold section and switches to a state where StochRSI > StochRSI EMA. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
BTCUSD is heading to Critical OB at 87,800$MMSM identified and we're almost certain BTCUSD [ BITSTAMP:BTCUSD ] will hit 87,800$ this week. If we respect the first OB we should pass 100K. If we fail to displace (fast move) after reaching the OB, we could see it go lower to the next OB. Respecting the OB: Means we displace after reaching the OB. If we are bullish We don't want, No Chart Timeframe (in this case 90m) candles closing below the OB's lower level (yellow thin line). If we are bearish We don't want, No Chart Timeframe (in this case 90m) candles closing above the swing high that formed after reaching the OB. Here is more info about CISD: When an order block is invalidated, it signals a Change in the State of Delivery. For example: -In an uptrend, a bullish order block acts as support. If price breaks below it, the uptrend may be over, signaling a potential downtrend. -In a downtrend, a bearish order block acts as resistance. If price breaks above it, the downtrend may be ending, signaling a potential uptrend. Smart money tip: Liquidity Hunt, CISD often occur after liquidity sweeps . Watch for stop hunts (price wicks above/below recent highs or lows) before the shift. _____ tags: COINBASE:BTCUSD INDEX:BTCUSD CRYPTO:BTCUSD CME:BTC1!
BITSTAMP:BTCUSDShort
by TradeConfirmed
1
Where is the support for #BTC?📊Where is the support for #BTC? 🧠From a structural point of view, a short structure is built at the 1h level, and we are at the upper edge of the resistance zone at the large cycle level. The callback is very reasonable. The support area can focus on the lower edge of the resistance zone, and the target area of ​​the short structure is also here. Let's see👀 🤜If you like my analysis, please like💖 and share💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Short
by wolf_king888
The key is whether the box section and pull back can be created Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day today. ------------------------------------- (BTCUSDT 1D chart) The HA-High indicator, which showed signs of being created yesterday, is expected to be created for sure this time. Accordingly, the key is whether it can be supported near 96372.40 and rise above 98892.0. - Since the creation of the HA-High indicator means that a high section has been created, I think that whether there is support near the HA-HIgh indicator can be an important criterion for predicting future trends. First, we need to check how the box section is formed after the HA-High indicator is created. Since the box section is usually formed above and below the HA-High indicator, it also means a section that moves sideways to the HA-High indicator section. However, there are cases where a trend is formed right away without forming a box section, but since such cases are extremely rare, I think you don't need to worry about this. - What we need to consider is whether the MS-Signal (M-Signal on the 1D chart) indicator can be touched and risen. In other words, if the MS-Signal (M-Signal on the 1D chart) indicator is touched and rises while creating a box section of the HA-High indicator, a pull back pattern will be created and an upward price adjustment will be experienced. - If not, and it falls below the MS-Signal indicator, there is a possibility that it will touch around 79.9K-80.9K. This section was explained yesterday with the 1W chart. Therefore, you can see how important the MS-Signal (M-Signal on the 1D chart) indicator area is. - The next volatility period is around December 3rd. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire section of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, it is expected that prices below 44K-48K will not be seen in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to this. If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance. The reason is that the user must directly select the important selection points required to generate Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
1
Bitcoin Correction Started!?Bitcoin ( BINANCE:BTCUSDT ) started pumping again today with the help of the following two News : 1-Chinese Court Declares Bitcoin and Crypto Ownership Legal. 2-Trump Plans White House Crypto Advisor Role. These days, Bitcoin is more influenced by the news than before. Bitcoin managed to break the Important resistance lines with the help of the above news . Since Bitcoin does NOT have a previous price history at current prices , its analysis is associated with challenges, but I will try to analyze it for you with technical analysis tools and other parameters . Bitcoin reacted well to the new Potential Reversal Zone(PRZ) .But Bitcoin could not touch the magic number of $100,000 ; one of the reasons for not touching this number is many sell orders that were exactly on the number of $100,000. According to the Elliott wave theory , Bitcoin has entered five new impulsive waves after breaking the important resistance lines. It completed the main wave 5 . It seems that we can wait for Bitcoin correction waves . In terms of Classic Technical Analysi s, Bitcoin seems to be completing the Bump phase and entering the Run phase of the Bump-and-Run Top Pattern .👇 It also seems that USDT.D% ( CRYPTOCAP:USDT.D ) will have an upward trend , which can cause Bitcoin correction . I expect Bitcoin to attack the lower line of the ascending channel after approaching the Resistance zone($97,642-$97,180) . 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 ⚠️ Note: If Bitcoin goes above $98,700, we can expect it to touch $100,000. ⚠️ ⚠️ Note: Bitcoin can start to rise again from the lower line of the ascending channel. ⚠️ ⚠️ Note: We should expect a deeper correction if Bitcoin goes below the Support zone($95,600-$92,000) and breaks the lower line of the ascending channel ⚠️ Bitcoin Analyze (BTCUSDT), 1-hour 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.
Short
by pejman_zwin
114
Support near the HA-High indicator is the point of observation Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The HA-High indicator is showing signs of being created at the 94264.99 point. Accordingly, if the HA-High indicator is newly created, whether there is support near it is the key. Since the HA-Low and HA-High indicators touched the indicators most of the time when they were newly created, it is expected that the HA-High indicator will be touched this time. Therefore, the price is expected to fall. - What we need to look at is whether it can rise when it touches the MS-Signal (M-Signal on the 1D chart) indicator. If it doesn't rise, it can lead to a decline until it meets the M-Signal indicator or the HA-Low indicator on the 1W chart. - Since the BW(100) indicator is currently created at 98892.0, it will eventually have to rise above this point to continue the upward trend. Therefore, for now, the picture that touches the HA-High indicator and rises above the BW(100) indicator is the best picture. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
1
BTC URGENT UPDATE It will be double top and correction on Wednesday I aspect that approximately 10:00 (utc +0) Wednesay 27 November and after a correction peope sell all of alts and Friday will pump hard altcoins. It is a game from whales bro watch out ..!!!! P*lease leave a likle and comment . Cheers bro For more just click a like For motivation and Fun :) #altcoin #bitcoin #cryptocurrency #crypto #blockchain #ethereum #btc #altcoins #binance #cryptonews #eth #trading #bitcoinnews #cryptotrading #cryptocurrencies #hodl #bitcoinmining #xrp #dogecoin #mining #bitcoins #ripple #cryptoworld #forex #litecoin #ico #coinbase #blockchaintechnology #money #bitcointrading
PEPPERSTONE:CRYPTO10
by MasterofChartss
BTC: Potential Bullish Opportunity After RetestBTCUSDT (Day Chart) Technical Analysis update Recently, BTC price broke through the broadening wedge resistance line and reached the peak resistance level of the wedge. However, the price was rejected at this peak and is now retesting the broadening wedge resistance, which may now act as support. After some consolidation around this level, we could anticipate a strong bullish move, making this an attractive buying opportunity for BTC.
Long
by HexaTrades
1
Sideways are the point of interest until around December 3rd Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The Fibonacci ratio on the left was drawn in the first rising wave. Therefore, I think it is highly likely that it will sideways around 3.618 (98841.11). I think this sideways movement is likely to continue until around December 3rd during the next volatility period. If it continues to rise, it is expected to touch around 1.902 (101784.54) ~ 2 (106178.85). - (BTC.D 1M chart) If BTC dominance rises above 62.47, I think a market where only BTC rises could be created. Therefore, whether it can fall is the key. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you to decide how to view and respond to this. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
Bitcoin is Ready to Take Off!Bitcoin technical analysis update Yesterday CRYPTOCAP:BTC price touched the broadening wedge support line and the previous major support zone at the $50K level. currently, the price is bouncing from this major support and moving towards the broadening wedge resistance. We can expect a gradual bullish continuation from the current level. We could see a strong bullish move once the price breaks the broadening wedge resistance, potentially reaching $100K. Swing and positional traders can enter a long trade in BTC with a stop loss set at $49,000. Regards hexa
Long
by HexaTrades
5
Bitcoin Breaking Out of a 220-Day Broadening WedgeBTCUSDT technical analysis update Bitcoin has been forming a broadening wedge pattern over the past 220 days, indicating increased volatility and indecision near its previous all-time highs. Recently, BTC has been moving towards the wedge’s upper resistance line around $68K, signaling a potential bullish breakout. If confirmed, this breakout could lead to a strong upward move, with targets in the $90K-$100K range. Additionally, around $60K, the 100 and 200 EMAs are acting as strong support levels for BTC. Regards Hexa
Long
by HexaTrades
Bitcoin Set for Explosive Move After 220-Day Consolidation!BTCUSD has been in a 220-day range, similar to a previous consolidation period seen in early 2023. Historically, after such long-range trading, Bitcoin has experienced strong bullish breakouts, as shown by the green arrows. With the current range nearing its end, we could be on the verge of another significant upward move. Keep an eye on a potential breakout, which may signal the start of a new bullish trend. Regards Hexa
BINANCE:BTCUSDLong
by HexaTrades
2
#BTC Rising Wedge 📊#BTC Rising Wedge ⚠️ 🧠From a structural perspective, we are currently in the target area and stage resistance area of ​​the bullish structure. The price has now reached the upper edge of the overlapping resistance area, and we need to be alert to the risk of a pullback. ➡️From a graphical perspective, we have formed a rising wedge in the resistance area, and we generally fall according to this model. ➡️In addition, I don’t think the $100,000 round number mark will be successfully broken through the first time. ⚠️If we eventually break through this resistance area and fall back to this area to stabilize again, then we can maintain a positive attitude. Of course, this requires more time and observation. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:BTCUSDT.P
Short
by wolf_king888
BTC Leads, ETH Follows: New ATH Ahead?Bitcoin Leads, Ethereum Follows: Will History Repeat This Bull Run? During the 2020 bull run, Bitcoin (BTC) reached its all-time high (ATH) of $20,000 while Ethereum (ETH) lagged behind, trading at just $600. When BTC surged to $42,000 (more than doubling its previous ATH), ETH gained momentum and broke its previous ATH of $1,400. Historically, Bitcoin has always led the market during bull runs, with altcoins like ETH following once BTC enters a long consolidation period. This pattern seems to be repeating. When BTC recently hit a new ATH of $73,000, ETH was trading at $3,200. If BTC begins another consolidation phase at $100k, we can expect Ethereum to push towards a new ATH, alongside strong bullish moves in other altcoins. As history shows, Bitcoin's consolidation often serves as a catalyst for Ethereum and altcoin rallies. BINANCE:ETHUSDT BINANCE:BTCUSDT CRYPTOCAP:ETH CRYPTOCAP:BTC Regards Hexa
BITSTAMP:BTCUSDLong
by HexaTrades
Next Volatility Period: Around December 3 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The key is whether it can find support in the 3 (92026.52) ~ 3.14 (93570.28) range and rise to around 3.618 (98841.11). Since this volatility period is expected to continue until November 20, if it shows support in the 3 (92026.52) ~ 3.14 (93570.28) range, it is expected to rise. However, if the current StochRSI indicator falls to the oversold zone and falls below 3 (92026.52) and shows resistance, there is a high possibility of a decline, so caution is required. At this time, 1st: 90586.92 2nd: 2.618 (87814.27) ~ 1.618 (89050.0) You should check for support near the 1st and 2nd above. - (1W chart) It is expected that support will be confirmed even if the price rises. Therefore, it is expected that even if it rises to around 3.618 (98841.11), it will fall and proceed with the support confirmation work. At this time, the support confirmation section is the section indicated by a circle. It is expected that this support confirmation work will be for an increase of more than 100K. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been in an upward trend since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
Bitcoin Roadmap==>>BTC will touch $87,000!?After re-entering the Potential Reversal Zone(PRZ) , Bitcoin( BINANCE:BTCUSDT ) started to decline .The PRZ I drew ✅works fine✅. According to the Elliott wave theory , it seems that main wave 4 can continue . Most likely, its structure can be a Double Three Correction(WXY) , so Bitcoin is completing microwave Y of the main wave 4 . We can confirm this wave count after breaking the Support lines . Considering Bitcoin's downward momentum , I expect it to break the Support lines in the coming hours and at least decrease to the Support zone($86,700-$85,000) . Educational tip : We can confirm the descending channel if Bitcoin rises again from the Support zone($86,700-$85,000). ⚠️ Note: If Bitcoin touches $91,500 again , it could form a new All-Time High(ATH) .⚠️ ⚠️Note: If Bitcoin loses the Support zone($86,700-$85,000), we should expect a further decline in Bitcoin.⚠️ Bitcoin Analyze (BTCUSDT), 1-hour 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.
Short
by pejman_zwin
58