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Bitcoin Analysis==>> Attack to Resistance zone
Bitcoin / TetherUS
Long
Bitcoin Analysis==>> Attack to Resistance zone
By pejman_zwin
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Updated
Aug 28
5
0
Cheer
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17
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Aug 26
Bitcoin
is currently moving near the
Support zone($63,630-$63,200)
,
Support lines
and
200_SMA(Daily)
.
According to the
Elliott wave theory
, Bitcoin seems to have completed the correction structure of the
Double Three Correction(WXY)
.
One sign of
Bitcoin's increase
is the
Hammer Candlestick Pattern
with a long shadow, which adds to its validity.
Also, we can see
Regular Divergence(RD+)
between Consecutive Valleys.
I expect Bitcoin to
attack
again the
Resistance zone($58,500-$57,000)
.
Note: Bitcoin can attack the Resistance zone($58,500-$57,000) from around $62,600.
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and
updates
; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅'
like
'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Aug 26
Trade active
My Position was activated.
Aug 26
Comment
Still valid
Aug 28
Trade closed: stop reached
Sl touched, the scenario changed.
Bitcoin (Cryptocurrency)
bitcoinanalysis
BTC
btcanalysis
btcsignal
btcsignals
BTCUSDT
BTCUSDTPERP
Candlestick Analysis
hammercandlestick
Trend Lines
Wave Analysis
pejman_zwin
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