๐บ๏ธBitcoin Roadmap๐บ๏ธโฐ(Daily time frame)โฐ
๐Hi, everyone.
๐Today, I want to analyze Bitcoin for you in a daily time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ๐น๐respectfully๐๐น share if you have a different opinion from me or other analysts).
โ As I expected, Bitcoin started declining from ๐กPotential Reversal Zone(PRZ)๐ก after the SEC approval of Bitcoin ETFs. (In previous posts, I warned you several times that Bitcoin is near the end of its upward trend.)
๐โโ๏ธBitcoin has been moving in an Ascending Channel for more than a year, and as long as Bitcoin is moving in this channel, we can still hope for the rise of Bitcoin.
โ๏ธCurrently, Bitcoin is attacking the ๐ขSupport zone($39,000-$37,000)๐ข, SMA(100)and Support line for the first time. Of course, it seems that Bitcoin will NOT succeed in breaking this zone.
๐Assets generally do NOT break Support and Resistance zones for the first time.
๐According to the theory of Elliott waves, Bitcoin seems to have completed five impulse waves in ๐กPotential Reversal Zone(PRZ)๐กand is now starting to form new corrective waves.
๐I expect an upward trend in the coming days and at least an increase in the ๐ดResistance Zone($43,800-$43,000)๐ด. (Bitcoin has had a high trading volume of around $43,400, which indicates an important resistance for Bitcoin).
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธIf the Daily Candle closes below the ๐ขSupport zone($39,000-$37,000)๐ข, we can expect further falls for Bitcoin.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), Daily time frame โฐ.
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 โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐Today, I want to analyze Bitcoin for you in a daily time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ๐น๐respectfully๐๐น share if you have a different opinion from me or other analysts).
โ As I expected, Bitcoin started declining from ๐กPotential Reversal Zone(PRZ)๐ก after the SEC approval of Bitcoin ETFs. (In previous posts, I warned you several times that Bitcoin is near the end of its upward trend.)
๐โโ๏ธBitcoin has been moving in an Ascending Channel for more than a year, and as long as Bitcoin is moving in this channel, we can still hope for the rise of Bitcoin.
โ๏ธCurrently, Bitcoin is attacking the ๐ขSupport zone($39,000-$37,000)๐ข, SMA(100)and Support line for the first time. Of course, it seems that Bitcoin will NOT succeed in breaking this zone.
๐Assets generally do NOT break Support and Resistance zones for the first time.
๐According to the theory of Elliott waves, Bitcoin seems to have completed five impulse waves in ๐กPotential Reversal Zone(PRZ)๐กand is now starting to form new corrective waves.
๐I expect an upward trend in the coming days and at least an increase in the ๐ดResistance Zone($43,800-$43,000)๐ด. (Bitcoin has had a high trading volume of around $43,400, which indicates an important resistance for Bitcoin).
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธIf the Daily Candle closes below the ๐ขSupport zone($39,000-$37,000)๐ข, we can expect further falls for Bitcoin.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), Daily time frame โฐ.
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 โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
ืขืกืงื ืคืขืืื
ืืขืจื
If BTC goes over $40,800, it will go up to around $43,000.ืืขืจื
โ
Running wellโ
If Bitcoin touches $42,400, the next target will be the๐ดResistance Zone($43,720-$43,100)๐ด.
ืขืกืงื ืกืืืจื: ืืืขื ืืืฉื
Long Position
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๐Contact & Learning Technical Analysis ๐t.me/Ad_ProTrader365
๐Get a 20% Discount on your trading FEE on BYBIT:๐partner.bybit.com/b/PEJMANZWIN
๐Real & Accurcy Free & VIP Signals๐ t.me/ProTrader_365
๐Contact & Learning Technical Analysis ๐t.me/Ad_ProTrader365
๐Get a 20% Discount on your trading FEE on BYBIT:๐partner.bybit.com/b/PEJMANZWIN
๐Contact & Learning Technical Analysis ๐t.me/Ad_ProTrader365
๐Get a 20% Discount on your trading FEE on BYBIT:๐partner.bybit.com/b/PEJMANZWIN
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