๐บ๏ธBitcoin Roadmap๐บ๏ธ(15-minute time frameโก๏ธRR>3.00)
๐โโ๏ธBitcoin is moving near the ๐ดResistance zone($44,800-$44,160)๐ด and Inside the Ascending Channel.
๐According toElliot's wave theory, wave 3 ended near 50_SMA(Daily), and now we have to wait for the confirmation of the end of wave 4.
๐It seems that the structure of wave 4 is the Double Three Correction(WXY).
๐With a lower line of ascending channel broken, we can confirm the end of wave 4.
๐After breaking the lower line of the ascending channel, I expect Bitcoin to Fall at least to the ๐ขSupport zone($40,900-$40,200)๐ข and complete wave 5 (wave 5 can even be truncated).
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: If Bitcoin can break the ๐ดResistance zone($44,800-$44,160)๐ด, 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.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐According toElliot's wave theory, wave 3 ended near 50_SMA(Daily), and now we have to wait for the confirmation of the end of wave 4.
๐It seems that the structure of wave 4 is the Double Three Correction(WXY).
๐With a lower line of ascending channel broken, we can confirm the end of wave 4.
๐After breaking the lower line of the ascending channel, I expect Bitcoin to Fall at least to the ๐ขSupport zone($40,900-$40,200)๐ข and complete wave 5 (wave 5 can even be truncated).
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: If Bitcoin can break the ๐ดResistance zone($44,800-$44,160)๐ด, 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.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
ืขืกืงื ืคืขืืื
ืืขืจื
News: Bitcoin ETF Approval is Close to Done: Bloomberg ExpertThe above news may cause the market to become excited, so be sure to place a Stop Loss.
ืืขืจื
BTC was able to break the ascending channel.ืืขืจื
Considering that the Trading Volume on Saturdays and Sundays is generally low, we should wait the next week for a new movement (most likely).ืขืกืงื ืกืืืจื: ืืืืข ืืกืืืค
The position RR=3.00 las was touched, but you could have made other profits from this position.Reason: The news about the ETF increases the market's excitement.
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๐Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)๐lbank.one/join/uBythQd
๐Get a 20% Discount on your trading FEE on BYBIT:๐partner.bybit.com/b/PEJMANZWIN
๐Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)๐lbank.one/join/uBythQd
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