Bitcoin(
BTCUSDT), just as I expected in the previous idea, started to decline and reached its full target.
Over the past 20 days, Bitcoin has been moving in a ranging pattern that seems to be forming into a triangle shape.
From an Elliott Wave perspective, this corrective structure also appears to be a triangle, with its wave E potentially completing around the Resistance zone($114,300-$113,000) and the Cumulative Short Liquidation Leverage($114,424-$112,000).
I expect that in the coming hours, Bitcoin can rise at least up to about $112,800. If the upward momentum is strong enough, we might even see it reach the upper lines of the triangle.
Cumulative Long Liquidation Leverage: $106,231-$104,648
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analysis (BTCUSDT), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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), just as I expected in the previous idea, started to decline and reached its full target.Over the past 20 days, Bitcoin has been moving in a ranging pattern that seems to be forming into a triangle shape.
From an Elliott Wave perspective, this corrective structure also appears to be a triangle, with its wave E potentially completing around the Resistance zone($114,300-$113,000) and the Cumulative Short Liquidation Leverage($114,424-$112,000).
I expect that in the coming hours, Bitcoin can rise at least up to about $112,800. If the upward momentum is strong enough, we might even see it reach the upper lines of the triangle.
Cumulative Long Liquidation Leverage: $106,231-$104,648
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analysis (BTCUSDT), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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.
Zlecenie aktywne
Trade was activatedTransakcja zakończona: osiągnięto poziom stop
Stop Loss was touched for this analysis
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.