âïžAfter the SEC approved the Bitcoin ETFs, we saw that Bitcoin has lost more than â16% of its value so far (Buy the Rumor, Sell the News).
â As I shared in previous posts, Bitcoin started falling from đŽHeavy Resistance Zone($52,100-$45,800)đŽ as I shared with you.
đAccording to the theory of Elliott waves, Bitcoin went through wave 5 with the Expanding Ending Diagonal, and it seems that Bitcoin has already started corrective waves.
đBitcoin has confirmed the end of wave 4 by breaking the Lower line of the ascending channel.
đI expect Bitcoin to complete its wave 5 when it fills the đ”CME Gap($40,325-$39,290)đ” and then rebounds(â10%) to around $43,500.
âïžâ ïžNoteâ ïžâïž: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame â°.
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 â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
â As I shared in previous posts, Bitcoin started falling from đŽHeavy Resistance Zone($52,100-$45,800)đŽ as I shared with you.
đAccording to the theory of Elliott waves, Bitcoin went through wave 5 with the Expanding Ending Diagonal, and it seems that Bitcoin has already started corrective waves.
đBitcoin has confirmed the end of wave 4 by breaking the Lower line of the ascending channel.
đI expect Bitcoin to complete its wave 5 when it fills the đ”CME Gap($40,325-$39,290)đ” and then rebounds(â10%) to around $43,500.
âïžâ ïžNoteâ ïžâïž: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame â°.
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 â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
Kommentera:
After a break, Bitcoin will likely start falling again to the CME Gap.
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đPlease follow us on Telegram for more analysis.đ t.me/ProTrader_365
đif you want to learn Technical Analysis = Please Contact međ t.me/Ad_ProTrader365