Bitcoin Analyze (Short Term, 1-hour Time Frame,04/08/2023)!!!

8 kwi 2023

While Bitcoin seems to be completing Wave B, or even past it, there is a possibility that wave B may follow higher Fibonacci levels or even form a contracting triangle pattern.

At the same time, Bitcoin managed to form a symmetrical triangle pattern in the RSI indicator in the 4-hour time frame, which can be considered as a key for the next big move.👇



I expect Bitcoin to decline toward the 🟢support zone (26,980-26,580)🟢 after breaking the support line.

❗️Note❗️: If BTC goes over $HKEX:29230 Scenario will change.

Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.

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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

9 kwi 2023

Uwaga

Microwave B = Contracting triangle pattern

9 kwi 2023

Uwaga