🏃♂️Bitcoin is moving near the Resistance line, 50_SMA(Daily), and slightly above the 🔴Resistance zone($66,050-$64,520)🔴.
🌊According to the theory of Elliott waves, Bitcoin seems to have succeeded in completing the Double Three Correction(WXY).
📈From the point of view of Classical Technical Analysis, it seems that Bitcoin has managed to form a Symmetrical Triangle and Rising Wedge Patterns so that the lower line of the Rising Wedge Pattern is currently broken.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
🔔I expect Bitcoin to start falling after breaking the Support lines(weak), at least until one of the Fibonacci lines.
💡To have a better view of Bitcoin, I suggest you look at the post below (4-hour time frame).👇
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
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.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.