🚨Bitcoin is Ready to Fall Again🚨
👋Hi, I hope you had a great weekend.
✅As I expected, Bitcoin started to rally from 🟢Heavy Support zone($39,000-$37,000)🟢.
🏃♂️Bitcoin is moving in the 🔴Resistance Zone($44,700-$41,780)🔴.
📈Regarding Classic Technical Analysis, it seems Bitcoin has successfully formed a Ascending Broadening Wedge Pattern.
🌊According to the theory of Elliott waves, Bitcoin seems to be completing the wave 5.
🌊The end of wave 5 can continue to a maximum of around $44,800.
🔔I expect that Bitcoin will FALL at least to the 🟢Support zone($40,600-$40,280)🟢 after the completion of wave 5, after breaking the Support line, and in the next step, it can also fill the 🔵CME Gap($39,700-$39,850)🔵.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
✅As I expected, Bitcoin started to rally from 🟢Heavy Support zone($39,000-$37,000)🟢.
🏃♂️Bitcoin is moving in the 🔴Resistance Zone($44,700-$41,780)🔴.
📈Regarding Classic Technical Analysis, it seems Bitcoin has successfully formed a Ascending Broadening Wedge Pattern.
🌊According to the theory of Elliott waves, Bitcoin seems to be completing the wave 5.
🌊The end of wave 5 can continue to a maximum of around $44,800.
🔔I expect that Bitcoin will FALL at least to the 🟢Support zone($40,600-$40,280)🟢 after the completion of wave 5, after breaking the Support line, and in the next step, it can also fill the 🔵CME Gap($39,700-$39,850)🔵.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
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 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
Uwaga
The upper line of the wedge pattern seems to be playing its role well; Bitcoin is possibly falling.Uwaga
If Bitcoin touches $42,820, further declines can happen.Uwaga
There is a possibility that the market will be a bit excited today due to the announcement of the Federal Funds Rate.Now, we have to wait for the support line to break.
Transakcja zamknięta: osiągnięto wyznaczony cel
The ✅first target✅ was hit.Uwaga
Bitcoin is likely to move between $44,000-$41,500 in the next three days.Uwaga
I expect Bitcoin to attack the 🟢Support zone($42,250-$41,500)🟢 again, although I expected the same in the initial analysis.The main movement of Bitcoin will probably start at the beginning of the new week.
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