Bitcoin will ⚔️Attack⚔️ to Heavy Support Zone⏰(1-Hour)⏰
Updated
✅Bitcoin seems to have succeeded in forming an Ascending Broadening Wedge Pattern.
🌊Regarding Elliott waves, corrective waves in the Ascending Broadening Wedge Pattern follow the Double Three Correction structure(WXY).
🔔After breaking the lower line of the wedge pattern, I expect Bitcoin to fall at least to 🟡Price Reversal Zone(PRZ)🟡and break the 🟢Heavy Support zone($27,600-$27,300)🟢.
❗️Note❗️: Corrective waves can continue; we can Confirm the end of corrective waves in the 1-hour time frame after breaking the 🟢Heavy Support zone($27,600-$27,300)🟢.
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🌐➕Positive News➕🌐:
Satoshi Nakamoto (Bitcoin creator) woke up after 5 years! (in Twitter).
Ethereum Futures ETFs Debut on Low Volumes.
Blockchain finance to grow into 79.3B market by 2032
CBDC lays foundation for new global monetary system: French central bank.
Elon Musk Believes Fiat Money is a Scam.
Hong Kong Stock Exchange launches settlement platform powered by smart contracts
🌐➖Negative News➖🌐:
Peter Schiff: ‘We Are Still Early in the Biggest Bond Market Crash in U.S. History’.
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Bitcoin Analyze ( BTCUSDT ), 1-hour 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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🌊Regarding Elliott waves, corrective waves in the Ascending Broadening Wedge Pattern follow the Double Three Correction structure(WXY).
🔔After breaking the lower line of the wedge pattern, I expect Bitcoin to fall at least to 🟡Price Reversal Zone(PRZ)🟡and break the 🟢Heavy Support zone($27,600-$27,300)🟢.
❗️Note❗️: Corrective waves can continue; we can Confirm the end of corrective waves in the 1-hour time frame after breaking the 🟢Heavy Support zone($27,600-$27,300)🟢.
--------------------------------------------------------------------------------
🌐➕Positive News➕🌐:
Satoshi Nakamoto (Bitcoin creator) woke up after 5 years! (in Twitter).
Ethereum Futures ETFs Debut on Low Volumes.
Blockchain finance to grow into 79.3B market by 2032
CBDC lays foundation for new global monetary system: French central bank.
Elon Musk Believes Fiat Money is a Scam.
Hong Kong Stock Exchange launches settlement platform powered by smart contracts
🌐➖Negative News➖🌐:
Peter Schiff: ‘We Are Still Early in the Biggest Bond Market Crash in U.S. History’.
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 1-hour 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 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
Comment
Still valid, BTC touched the upper line of the Ascending Broadening Wedge Pattern.Comment
BTC reacted very well as I said to upper line of Ascending Broadening Wedge Pattern.Comment
BTC was able to break the lower line of Ascending Broadening Wedge PatternComment
Bitcoin seems to be forming a pullback to the lower line of the Ascending Broadening Wedge Pattern.Comment
BTC was able to complete pull back to the lower line of the Ascending Broadening Wedge Pattern.(As I expected)Now, it is attacking a heavy support zone.
Trade closed: target reached
Comment
The structure of corrective waves continues and we have to wait for the coming week, trading volume is generally low on Saturdays and Sundays.
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