Bitcoin is moving in Descending channel from 48000$ until now. and it is making main wave 4 in the channel, the structure of the main wave 4 can be Expanding Triangle. The end of main wave 4 in this scenario can be around 41860$ (In Top of Descending Channel).
Bitcoin Analyze ( BTCUSDT ) Timeframe 1h⏰
🟢Support Zone: 39650$ until 38480$
🔴Resistance Zone: 42250$ until 41580$
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.
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