Bitcoin / TetherUS
Long
Updated

Bitcoin is Ready to Attack to Heavy Resistance zone

19679
Bitcoin moved as I expected in yesterday's post and managed to break the descending channel and Resistance zone($65,500-$64,850).

According to Elliott's wave theory, Bitcoin is completing the main wave 5.

I expect Bitcoin to start rising again after the minor correction and attack the Heavy Resistance zone($67,930-$66,160).

Do you think Bitcoin will break the Heavy Resistance zone($67,930-$66,160)❗️❓

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 gladly see your ideas in this post.

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Note
snapshot

If the double top pattern is completed, we can expect the start of Bitcoin correction, however small.
Note
snapshot

Double Top Pattern worked as I expected.

Usually, on Saturdays and Sundays, the trading volume is low and the possibility of breaking the heavy position zone is weak, the possibility of correction is more.
Trade active
Trade closed: target reached
Note
I think we have to wait for the correction.

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