Hi everyone, Today I want to talk about Scenarios of Bitcoin that can happen in the next 38 days!!!
Bitcoin Analyze ( BTCUSDT ) Timeframe Dailyโฐ
after verifying point C, I can say that Bitcoin is running in a Symmetrical Triangle these Months (Probably = one scenario will reject it). this triangle can reject in the next 38days, so I guess that we will see great movement in October (What is your idea, Pump or Dump ?!)
I tried to show you all scenarios that can happen in October, lets check them :
Scenario 1: Bitcoin can make descending channel by lines 1&2 of Pitchfork, and it breaks Support line & zone and our Symmetrical Triangle will reject == Fan Principle's Lines will work
Scenario 2: Bitcoin reaches itself to my point D (at the same time it breaks (Trusty) our resistance zone) and then, it will break important resistance line & zone== Fan Principle's Lines will Fail== New ATH
Scenario 3: Bitcoin reaches itself to my point D (at the same time it breaks (Fake) our resistance zone) and then, it doesn't able to break the resistance line & zone and it will arrive to point E, After that Bitcoin can break Support line & zone and we will see 37000-38000$ at this month Fan Principle's Lines will Fail== New ATH
Scenario 4: Bitcoin reaches itself to my point D (at the same time it breaks (Trusty) our resistance zone) and then, it doesn't able to break the resistance line & zone and it will arrive to point E, After that Bitcoin will attack to important resistance line for the fourth time and breaks it ===Fan Principle's Lines will Fail== New ATH
what is your idea, which scenarios will happen?
Resistance zones & Suppor Zones on Bitcoin's way :
Resistance Zone: 48800$ until 47500$
Support Zone: 41950$ until 41380$
My Suggestion: you can follow my Scenarios. probably my Zones will work and help us๐๐.
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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