After failing to break the resistance zone reliably, Bitcoin fell back below the đŽresistance zone($ 29,030-$ 28,880)đŽ.
According to the theory of Elliott waves, the increase in these few days of Bitcoin was in the form of a Zigzag correction(ABC/5-3-5), which also formed a standard Bearish AB=CD Harmonic pattern.
I expect Bitcoin to fall after breaking the support line, at least as far as the đŻtargetsđŻ I specified on the chart.
Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute 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.
According to the theory of Elliott waves, the increase in these few days of Bitcoin was in the form of a Zigzag correction(ABC/5-3-5), which also formed a standard Bearish AB=CD Harmonic pattern.
I expect Bitcoin to fall after breaking the support line, at least as far as the đŻtargetsđŻ I specified on the chart.
Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute 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.
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Kommentera:
đNew updateđ: The correction structure was changed to Triple Three Correction(WXYXZ).
đNew updateđ: The correction structure was changed to Triple Three Correction(WXYXZ).
Kommentera:
Finally, Bitcoin reached its goals.
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Bearish Pennant Pattern @ TF=15min