If you look carefully at the Bitcoin chart in the 4-hour time frameโฐ, we can see three classic reversal patterns(at the same time).
Each pattern seems to complement the other pattern, and the last pattern we have to wait for is the Rounding Top pattern. With the Rounding Top pattern neckline breaking, the three patterns worked correctly, and Bitcoin is expected to decline at least to the ๐ขsupport zone($25,250-$24,830)๐ข (even more).
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 be glad to 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.
- The first pattern is Symmetrical Triangle pattern๐ฉ, which in general, the continuation pattern can be used as a reversal pattern in some cases (for example, right now ๐)
- The second pattern is the Diamond Top pattern๐.
- The third pattern is the Rounding Top pattern๐.
Each pattern seems to complement the other pattern, and the last pattern we have to wait for is the Rounding Top pattern. With the Rounding Top pattern neckline breaking, the three patterns worked correctly, and Bitcoin is expected to decline at least to the ๐ขsupport zone($25,250-$24,830)๐ข (even more).
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 be glad to 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:
Bitcoin analysis from the point of view of Elliott waves
Bitcoin analysis from the point of view of Elliott waves
ืืขืจื:
Bitcoin is completing the right Lip
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Bitcoin can break the ๐ขsupport zone($25,250-$24,830)๐ข or not?