Hi everyone, Today I want to talk about Scenarios of Bitcoin that can happen in the next 38 days!!!
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily⏰
after verifying point C, I can say that Bitcoin is running in a Symmetrical Triangle these Months (Probably = one scenario will reject it). this triangle can reject in the next 38days, so I guess that we will see great movement in October (What is your idea, Pump or Dump ?!)
I tried to show you all scenarios that can happen in October, lets check them :
Scenario 1: Bitcoin can make descending channel by lines 1&2 of Pitchfork, and it breaks Support line & zone and our Symmetrical Triangle will reject == Fan Principle's Lines will work
Scenario 2: Bitcoin reaches itself to my point D (at the same time it breaks (Trusty) our resistance zone) and then, it will break important resistance line & zone== Fan Principle's Lines will Fail== New ATH
Scenario 3: Bitcoin reaches itself to my point D (at the same time it breaks (Fake) our resistance zone) and then, it doesn't able to break the resistance line & zone and it will arrive to point E, After that Bitcoin can break Support line & zone and we will see 37000-38000$ at this month Fan Principle's Lines will Fail== New ATH
Scenario 4: Bitcoin reaches itself to my point D (at the same time it breaks (Trusty) our resistance zone) and then, it doesn't able to break the resistance line & zone and it will arrive to point E, After that Bitcoin will attack to important resistance line for the fourth time and breaks it ===Fan Principle's Lines will Fail== New ATH
what is your idea, which scenarios will happen?
Resistance zones & Suppor Zones on Bitcoin's way :
Resistance Zone: 48800$ until 47500$
Support Zone: 41950$ until 41380$
My Suggestion: you can follow my Scenarios. probably my Zones will work and help us👍😉.
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.
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