๐โโ๏ธBitcoin is moving in the ๐กPotential Reversal Zone(PRZ)($50,100-$47,000)๐ก.
๐กAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
๐According to the theory of Elliott waves, five impulse waves have been completed in ๐กPotential Reversal Zone(PRZ)($50,100-$47,000)๐ก.
๐I expect Bitcoin to fall at least to the Uptrend line, and if this line breaks, we can expect Bitcoin to fall to the ๐ขSupport zone($44,700-$41,780)๐ข.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour 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.
๐กAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
๐According to the theory of Elliott waves, five impulse waves have been completed in ๐กPotential Reversal Zone(PRZ)($50,100-$47,000)๐ก.
๐I expect Bitcoin to fall at least to the Uptrend line, and if this line breaks, we can expect Bitcoin to fall to the ๐ขSupport zone($44,700-$41,780)๐ข.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour 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.
ืืขืจื:
The fear and greed index has reached its highest level since the Bitcoin price of $69,000(November 2021). ==๐ฑ79๐ฑ
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๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me๐ t.me/Ad_ProTrader365
๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me๐ t.me/Ad_ProTrader365
Bitcoin started to fly like a dragon at the beginning of the Chinese year, although the analysis is still valid.
Of course, news: Bitcoin's ecosystem set for overhaul with innovative NFT-like ordinals
It can be effective.
The best criterion is the upper line of the ascending channel; if it fails, the scenario will be