Hi, This post is a help for the post with topic''Bitcoin Analyze (Regular Contracting Triangle)!!!'' (Unfortunately, this post didn't publish in the General Section).
Bitcoin Analyze ( BTCUSDT ) Timeframe 30min ⏰
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!''.
Bitcoin has started Corrective Structure on top of our Descending Channel, I tried to find the end of wave C. The end of wave C can be on Support Zones..
Also, we are 👀seeing👀 the end of pullback to the lower line of our Regular Contracting Triangle.
Support Zones:
Target 1: 32600$-32520$
Target 2: 32270$-32220$
Resistances Zones:
Resistances Zones 1: 33700$-33740$
Resistances Zones 1: 34160$-34220$
My Suggestion: Find best Triggers for opening Short Positions //please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point (35060$), then we can think about opening Long positions for the Short-term.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze ( BTCUSDT ) Timeframe 30min ⏰
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!''.
Bitcoin has started Corrective Structure on top of our Descending Channel, I tried to find the end of wave C. The end of wave C can be on Support Zones..
Also, we are 👀seeing👀 the end of pullback to the lower line of our Regular Contracting Triangle.
Support Zones:
Target 1: 32600$-32520$
Target 2: 32270$-32220$
Resistances Zones:
Resistances Zones 1: 33700$-33740$
Resistances Zones 1: 34160$-34220$
My Suggestion: Find best Triggers for opening Short Positions //please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point (35060$), then we can think about opening Long positions for the Short-term.
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 ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Comentarios:
Please read it 👉Bitcoin Analyze (Counting Waves/Short term)!!!
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Please read it 👉Bitcoin Analyze (Two Descending Triangle)!!!
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New post 👆: Bitcoin Analyze(Descending Triangle+Falling Wedges+Channels)!!!
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📚if you want to learn Technical Analysis = Please Contact me👉 t.me/Ad_ProTrader365