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As I expected in the post a few hours ago, Bitcoin was able to break the Resistance line(1) and reach the đĄPrice Reversal Zone(PRZ)đĄ.đ
đAccording to the theory of Elliott waves, Bitcoin managed to complete the Double Three Correction(WXY) waves at the đĄPrice Reversal Zone(PRZ)đĄ and the Resistance line(2).
đĄAlso, we can see a Regular Divergence(RD-) between Volume and Price between two consecutive Peaks.
đI expect Bitcoin to come back below the Resistance line(1) in the coming hours, and this time it is likely to break the đąSupport zone($25,840_$25,600)đą.
Bitcoin Analyze ( BTCUSDT ), 1-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 be glad to 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.
đAccording to the theory of Elliott waves, Bitcoin managed to complete the Double Three Correction(WXY) waves at the đĄPrice Reversal Zone(PRZ)đĄ and the Resistance line(2).
đĄAlso, we can see a Regular Divergence(RD-) between Volume and Price between two consecutive Peaks.
đI expect Bitcoin to come back below the Resistance line(1) in the coming hours, and this time it is likely to break the đąSupport zone($25,840_$25,600)đą.
Bitcoin Analyze ( BTCUSDT ), 1-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 be glad to 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.
Handel aktiv
Kommentera:
Bitcoin seems to have reacted well to đĄPrice Reversal Zone(PRZ)đĄ.
Kommentera:
Running well as I expected.
Trade stÀngt: mÄlet nÄtt:
đŻFirst TargetđŻ
Kommentera:
Bitcoin will probably touch $25,550.
Kommentera:
Since Volume Trading is low on Saturdays and Sundays, we may not expect a big movement from Bitcoin.
Kommentera:
Next target= $25,520
Kommentera:
I transfer Stop Loss to Entry Point = Risk Free (for Half of my position).
Trade stÀngt: mÄlet nÄtt:
đŻSecond TargetđŻ
Kommentera:
BTC is attacking to support line
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đif you want to learn Technical Analysis = Please Contact međ t.me/Ad_ProTrader365