Bitcoin Analysis==>> Reversal Patterns==>UP/UP/UP

2 wrzBitcoin is moving near the Support zone($58,000-$56,600).

Regarding Classic Technical Analysis, Bitcoin seems to have succeeded in breaking the upper line of the Falling Wedge Pattern. It is also possible to form the Inverse Head and Shoulders pattern.

Regarding Elliott wave theory, Bitcoin seems to have completed the Double Three Correction(WXY). This wave is part of Corrective Waves.

Also, we can see Regular Divergence(RD+) between Consecutive Valleys.

I expect Bitcoin to go UP to at least the target of the Falling Wedge Pattern.

My previous post titled "Bitcoin Analysis==>> Pumping Again==>>Short term " is still valid

Note: If Bitcoin loses the Support zone($58,000-$56,600), we should expect Bitcoin to fall to $55,000(at least).

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 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.

3 wrz

Zlecenie aktywne

If you open a long position early, you can make the position risk-free. Otherwise, since Bitcoin has broken the resistance zone, we can expect an increase in Bitcoin to at least $60,180.

4 wrz

Zlecenie zamknięto ręcznie

Risk-free touched; I don't see the reason why someone says failed or...please concentrate on the comment and updates.