Bitcoin Long-term Analyze (Monthly Time frame)๐
Today, I want to speak about Bitcoin's Long-term Analyze (Monthly Time frame).
First, For long-term analysis, it is better to use logarithmic charts (Do not forget, if you want to use fibs , you have to turn on Fib Levels based on log scale). I was able to find 4 Major pivots on the BTCUSDT chart, these pivots were able to make a Symmetrical Triangle.
Also, around 65761$ I found == Bearish Deep Crab Harmonic Pattern + Bearish Doji Evening Star Pattern ( it can verify our harmonic pattern / This pattern can make reverse or range on charts) + yearly Resistance 3
For finding the Next Major Pivot, first, we have to know the rules of Major pivots. If point D of our harmonic pattern wants to be a major pivot, the price must return at least 38.2% of point C to D (This rule makes Scenario 2) OR price has to rest (at the time) at least 38.2% of point C to D (This rule makes Scenario 1).
In addition, I found one circle on the Monthly Time frame. BTC wants about 13 months or one year to start the next bullish movement. This circle will happen again? ๐ง
As I said, I have two Scenarios:
Scenario 1: BTC will run between 30000$ until 40000$ (Range channel) for at least about 2 months and 22day (If Point D wants to be a Major pivot/Time Retracement) OR Maximum until May 2022 ๐ฑ. I think that after this correction price can go UP 80$k-91$k // 104$k-107$k// even 130$k-140$k.
Scenario 2: BTC will go down until 22000$ - 19900$ (If Point D wants to be a Major pivot/Price Retracement). I think that after this correction price can go UP 81$k-871$k // 119$k-128$k.
My Suggestion: please DO NOT buy Coins for Midterm and Long-term investment until the market finds a way.
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 on this post.
Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe.
Good luck
First, For long-term analysis, it is better to use logarithmic charts (Do not forget, if you want to use fibs , you have to turn on Fib Levels based on log scale). I was able to find 4 Major pivots on the BTCUSDT chart, these pivots were able to make a Symmetrical Triangle.
Also, around 65761$ I found == Bearish Deep Crab Harmonic Pattern + Bearish Doji Evening Star Pattern ( it can verify our harmonic pattern / This pattern can make reverse or range on charts) + yearly Resistance 3
For finding the Next Major Pivot, first, we have to know the rules of Major pivots. If point D of our harmonic pattern wants to be a major pivot, the price must return at least 38.2% of point C to D (This rule makes Scenario 2) OR price has to rest (at the time) at least 38.2% of point C to D (This rule makes Scenario 1).
In addition, I found one circle on the Monthly Time frame. BTC wants about 13 months or one year to start the next bullish movement. This circle will happen again? ๐ง
As I said, I have two Scenarios:
Scenario 1: BTC will run between 30000$ until 40000$ (Range channel) for at least about 2 months and 22day (If Point D wants to be a Major pivot/Time Retracement) OR Maximum until May 2022 ๐ฑ. I think that after this correction price can go UP 80$k-91$k // 104$k-107$k// even 130$k-140$k.
Scenario 2: BTC will go down until 22000$ - 19900$ (If Point D wants to be a Major pivot/Price Retracement). I think that after this correction price can go UP 81$k-871$k // 119$k-128$k.
My Suggestion: please DO NOT buy Coins for Midterm and Long-term investment until the market finds a way.
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 on this post.
Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe.
Good luck
ืืขืจื:
New post :๐ Bitcoin Analyze Timeframe 1h โฐ(short term) ๐
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๐ต๐Bitcoin Analyze Timeframe 15min ๐๐ต/pay attention to Rising Wedge ๐
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New Post.๐
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New post ๐
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New post, bitcoin analyze timeframe 4h ๐
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Our TRZ worked ๐, and follow lines.
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RSI Analyze (BTC), Timeframe daily๐
Pullback or Fake break ๐งโ
RSI Analyze (BTC), Timeframe daily๐
Pullback or Fake break ๐งโ
ืืขืจื:
BTC Analyze (Play with Pitchfork's Lines๐ด + Fib Circle)
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The new post read it please: Bitcoin Analyze (Technical & Fundamental)!!!
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New post, with New update.
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Follow Range Channel๐, Timeframe 15min.
Follow Range Channel๐, Timeframe 15min.
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a Scenario can happen, are you agree with meโโ๏ธ
RSI analysis๐ฅ, timeframe Daily
a Scenario can happen, are you agree with meโโ๏ธ
RSI analysis๐ฅ, timeframe Daily
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Bearish Shark Pattern ๐ฆ +TRZ (Time Reversal Zoneโฐ)
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New post ๐
ืืขืจื:
New post please read ๐Bitcoin Analyze (Candlestick Analysis)!!! ๐
ืืขืจื:
New post: Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!
ืืขืจื:
New post: Bitcoin Analyze Time Frame 4H/ Contracting Triangle!!!
ืืขืจื:
New post: Bitcoin Analyze (Triple Three Corrections) !!!
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Please read a new post ๐
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New post๐
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New post: Bitcoin Analyze (Regular Contracting Triangle)!!!
ืืขืจื:
New Post.๐
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New Post
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New Post
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New Post.
ืืขืจื:
Bitcoin Analyze ๐บ๏ธ๐ฅ(Counting Waves + Road map+ Long-term)๐ฅ๐บ๏ธ
๐Free & VIP Signals: t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me
๐if you want to learn Technical Analysis = Please Contact me
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Downward Trend has broken ๐ (BTC.D/OTHERS.D)