๐โโ๏ธBitcoin is moving in the ๐ดResistance zone($43,500_$42,800)๐ด and near the[ b]Resistance line and inside the Ascending Channel.
๐According to the theory of Elliott waves, Bitcoin seems to be completing a Zigzag(ABC/5-3-5) correction in the ascending channel so that wave A has an Expanding Leading Diagonal.
๐กAlso, Bitcoin has managed to form a ๐ฆBearish Deep Crab Harmonic Pattern๐ฆ.
๐I expect Bitcoin to start falling after breaking the lower line of the ascending channel.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: If Bitcoin breaks the Resistance line, the scenario will change.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute 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.
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