✅Bitcoin has been responding well to my 🟡Price Reversal Zone(PRZ)🟡 for the past few days.
🌊According to the theory of Elliott waves, Bitcoin seems to intend to form an Ending Diagonal pattern to complete microwave C of main wave Y.
🔔As a result, I expect Bitcoin to make a new high (slightly above PRZ) and then start to Fall again. The target of Bitcoin drop in the first step can be the Support line.
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🌐➕Positive News➕🌐:
Crypto Asset Market Cap Should Explode by ‘5 or 10x’ During Next Bull Market, Says Macro Investor Raoul Pal.
Grayscale CEO Michael Sonnenshein Says US Has Chance To ‘Assert Its Dominance’ With Crypto Regulation.
Grayscale Submits Application for New Ethereum Futures ETF.
🌐➖Negative News➖🌐:
Dormant Bitcoin Address Holding $56.3M Springs to Life After Nearly 6 Years.
U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi.
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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; 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.
🌊According to the theory of Elliott waves, Bitcoin seems to intend to form an Ending Diagonal pattern to complete microwave C of main wave Y.
🔔As a result, I expect Bitcoin to make a new high (slightly above PRZ) and then start to Fall again. The target of Bitcoin drop in the first step can be the Support line.
---------------------------------------
🌐➕Positive News➕🌐:
Crypto Asset Market Cap Should Explode by ‘5 or 10x’ During Next Bull Market, Says Macro Investor Raoul Pal.
Grayscale CEO Michael Sonnenshein Says US Has Chance To ‘Assert Its Dominance’ With Crypto Regulation.
Grayscale Submits Application for New Ethereum Futures ETF.
🌐➖Negative News➖🌐:
Dormant Bitcoin Address Holding $56.3M Springs to Life After Nearly 6 Years.
U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi.
--------------------------------------------------------------------------------
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; 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.
Operación activa
Nota
Bitcoin reacted well to the lower Ending Diagonal line.Nota
Standard Hammer Candlestick pattern in the right place.
Also, Bitcoin was able to break the upper line of the symmetrical Triangle. (5-minute time frame)
Nota
I expect Bitcoin to rally before the FED meeting.Nota
There is still a possibility of forming Ending DiagonalOperación cerrada: objetivo alcanzado
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.