hi, these days I am trying to find the end of pullback to our Regular Contracting Triangle.
Bitcoin Analyze ( BTCUSDT ) Timeframe 15min ⏰
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!''.
Bitcoin ran on Rising Wedge for about 4 days. I found the end of 5 impulsive waves on the Rising Wedge (at 34678$). a few minutes ago, the price was able to beak the lower line of Rising Wedge.
I drew corrective structures that can happen in the short term. The end of wave A can be around: 33400$ or 33000$
My Suggestion: 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$), then we can think about opening Long positions for the Short-term.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze ( BTCUSDT ) Timeframe 15min ⏰
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!''.
Bitcoin ran on Rising Wedge for about 4 days. I found the end of 5 impulsive waves on the Rising Wedge (at 34678$). a few minutes ago, the price was able to beak the lower line of Rising Wedge.
I drew corrective structures that can happen in the short term. The end of wave A can be around: 33400$ or 33000$
My Suggestion: 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
Note
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👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
🎁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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.