Bitcoin was able to go up to the 🔴resistance zone($ 25,760-$ 25,600)🔴 after breaking the resistance line.
The wave structure in the 15-minute time frame appears to be Expanding Flat(ABC/3-3-5), which is one of the most common corrective structures.
I expect Bitcoin to fall again from the 🔴resistance zone🔴 (there is also a possibility of a 🐮bull trap🐮).
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, 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.
The wave structure in the 15-minute time frame appears to be Expanding Flat(ABC/3-3-5), which is one of the most common corrective structures.
I expect Bitcoin to fall again from the 🔴resistance zone🔴 (there is also a possibility of a 🐮bull trap🐮).
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, 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.
Trade active
Note
Bitcoin has reacted well to the resistance zone.Trade closed: target reached
By shadowNote
Can Bitcoin break the descending channel? what is your opinion?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.