Bitcoin Analyze (Short Term, Contracting Triangle)!!!

23 באוג׳ 2022

In my previous Idea bout Bitcoin, I talked about the Elliott waves of 1h timeframe. In this post, I want to show you the main wave 4 structure.

Bitcoin made a contracting triangle. Point E of the triangle was found in PRZ(Price Reversal Zone).

We have to wait for the breaking of the lower line of the triangle, and then we can verify the end of main wave 4.

Bitcoin Analyze ( BTCUSDT ) Timeframe 15min ⏰

Do not forget to put Stop loss for your positions (For every position that 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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23 באוג׳ 2022

הערה

23 באוג׳ 2022

הערה

The scenario changed, and Bitcoin can make a Double Three correction.