Bitcoin is Ready to Pump Again==>>Short-term
Updated
Bitcoin(
BTCUSDT) moved as I expected yesterday.
Bitcoin is moving near the Ascending Channel's lower line, Support lines, and Potential Reversal Zone(PRZ)[$96,400-$94,500].
According to Elliott's wave theory, Bitcoin seems to be completing wave 5.
I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ)[$96,400-$94,500] and Support zone($95,000-$93,500).
⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
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.
BTCUSDT) moved as I expected yesterday.Bitcoin is moving near the Ascending Channel's lower line, Support lines, and Potential Reversal Zone(PRZ)[$96,400-$94,500].
According to Elliott's wave theory, Bitcoin seems to be completing wave 5.
I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ)[$96,400-$94,500] and Support zone($95,000-$93,500).
⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️
🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
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.
Trade active
✅The First Target Done (yesterday).✅
Bitcoin update:
First, I expanded the Support zone: New support zone ($95,000-$90,870)
BTC is moving in the Support zone, near the support lines and 50_SMA(Daily).
We can see RD+ between consecutive valleys.
Bitcoin seems to have succeeded in breaking the Lower line of the Ascending Channel.
According to Elliott's wave theory, we should wait for wave 4 (pullback to the ascending channel).
⚠️Note: If Bitcoin breaks below the Support zone($95,000-$93,500), there is a high probability that Bitcoin will go below $90,000.⚠️
Trade closed: target reached
Targets Done(Full Target).
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
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.