Bitcoin / TetherUS
ืœื•ื ื’

๐Ÿš€Bitcoin will Go Up after Pullback๐Ÿš€

ืžืขื•ื“ื›ืŸ
๐Ÿ’กBitcoin managed to break the ๐Ÿ”ดResistance zone($65,700-$64,180)๐Ÿ”ด, Resistance line and 50_SMA(Daily) yesterday.

๐Ÿ’กBitcoin seems to be completing a pullback right now.

๐ŸŒŠRegarding Elliott wave theory, Bitcoin seems to have completed the main wave 3 above the resistance zone and is currently completing wave 4.

๐Ÿ“ˆIn terms of Classic Technical Analysis, Bitcoin managed to break the resistance zone, resistance line, and 50_SMA(Daily) with the help of the Inverse Head and Shoulders Pattern. Bitcoin seems to have increased at least to the ๐ŸŽฏTarget๐ŸŽฏ of this pattern.

๐Ÿ’กLet's take a look at the Market Cap USDT Dominance% (USDT.D%) chart.

๐Ÿ’กUSDT.D% seems to start falling after reaching the ๐Ÿ”ดResistance zone(4.92%-4.87%)๐Ÿ”ด, which is in line with Bitcoin's analysis. โš ๏ธThe scenario will change if USDT.D% can break the resistance zoneโš ๏ธ.๐Ÿ‘‡
ืชืžื•ื ืช-ื‘ื–ืง

๐Ÿ””I expect Bitcoin to rise to the next ๐Ÿ”ดResistance zone($65,700-$67,520)๐Ÿ”ด after the completion of wave 4 (pullback).

โ—๏ธโš ๏ธNoteโš ๏ธโ—๏ธ: If Bitcoin falls below the ๐Ÿ”ดResistance zone($65,700-$64,180)๐Ÿ”ด, the scenario will change.

โ—๏ธโš ๏ธNoteโš ๏ธโ—๏ธ: An important point you should always remember is capital management and lack of greed.

Bitcoin Analyze ( BTCUSDT ), 2-hour time frame โฐ.

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.

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ืขืกืงื” ืคืขื™ืœื”
ืขืกืงื” ืกื’ื•ืจื”: ื”ื™ืขื“ ื”ื•ืฉื’
First Target
ืขืกืงื” ืกื’ื•ืจื”: ื”ื™ืขื“ ื”ื•ืฉื’
I closed my position.(Second Target)
Bitcoin (Cryptocurrency)bitcoinanalysisbitcoinsignalbitcoinsignalsBTCbtcanalysisbtcsignalsBTCUSDTBTCUSDTPERPHead and ShouldersSupply and DemandWave Analysis

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