MONEER 618: Bitcoin and Expected Scenario for BINANCE:BTCUSDT by moneer618

MONEER 618: Bitcoin and Expected Scenario

I think that the graphic is enough to explain the movement with the expected formation of the movement of Bitcoin
We will follow the movement with you in all the details according to the movement of Bitcoin
Below this drawing
Good luck everyone

Note

According to chronological analysis
During this four hour candle
Or the next candle we will see a reversal candle

Note

We should see a reversal candle in this area
Reflection is not the end of a wave
Could be a subwave?
Generally, until we see the reflection and the details of the wave
During this four hour candle
Or the next candle we will see a reversal candle

Note

form positive divergence
on the MACD indicators
This confirms that the time analysis is an area that reverses the direction of the price

Note

Arrows and lines indicate price reversal time zones

Green arrows and green lines
A time zone in which an upward reversal is expected
----
Red arrows and red lines
A time zone in which a price reversal is expected

Note

The candle of the first four hours has expired, and we have not formed a reversal candle.
So we will follow the current candle. Four hour candle.

Note

No bullish bottom formed in the second candle,
So for that i think Of the volatility situation will extend to the second option when the stock
Good luck everyone

Note

Characteristics of the fourth wave
To get out of the channel and then come back up
So this is not a hack as some think
This is a sign of the end of the wave and the beginning of a bearish wave (the fifth wave).

Note

Wave C has achieved 100% of the length of wave A
As shown on the drawing
So we can say that the fourth wave is almost over, and we are descending to complete the fifth wave
According to the drawing at the top of the page and the expected scenario

Note

Last bottom at 39177
Three waves formed and now this is the current rise
Our consists

The first possibility is that we achieved the goal at 39,980
Which was explained in the last analysis

And the other possibility, in the case of ascending above it, we have two possibilities
1- Probability of forming a triangular wave A B C D E
2- The probability of being a triple wave A B C
And both possibilities are to correct the decline from 42976 to 39177
Meaning any rise will be followed by a descending wave
Until the internal structure of this wave is formed, the picture will become clearer

Note

I see indicators that may give a strong movement.
So, advice
Stop loss is very important at this time
In order to avoid any strong movement that may reverse the direction you are working on.

Note

About Three hours from now
Now I have 3:11 AM
At 6:00, AM a little more or less, please pay attention
Price reversal signal time-lapse on hourly indicators

Note

On the 4 hour indicators, you are already in the price reversal area

Note

These areas are buying areas, not selling areas
It is very likely that we will see a good rally from these areas

Note

The downward wave is about to end
A rising wave will follow
On the illustration of the wave and its internal details
So I repeat what I said earlier:
These areas are buying areas, not selling areas
It is very likely that we will see a good rally from these areas

Trade closed: target reached

moneer618

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