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As I expected, Bitcoin touched the ๐ดResistance zone($43,180-$42,820)๐ด[I expect Bull trap].
๐According to Elliott's wave theory, Bitcoin is completing a corrective Zigzag(ABC/5-3-5) pattern.
๐I expect Bitcoin to decrease to at least the Support line after completing the Zigzag correction structure, and if the support line breaks, we can expect ๐ตCME Gap($40,325-$39,290)๐ต to fill.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: If BTC can break the $44,720, 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.
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