๐โโ๏ธBitcoin is currently moving above the ๐ดHeavy Resistance zone($33,150_$28,140)๐ด (however, this zone will turn into a ๐ขHeavy Support zone($33,150_$28,140)๐ข when Bitcoin rises again).
๐In theory, Bitcoin's Elliott Waves are completing corrective waves in their microwaves.
๐Most likely, the corrective wave structure is an Expanding Flat(3-3-5).
๐I expect Bitcoin to start growing again from one of the ๐กPrice Reversal Zones(PRZs)๐ก and increase to the โฌ๏ธUpper โฌ๏ธ๐ดResistance zone($35,300_$34,830)๐ด if the upper ๐ดResistance zone($35,300_$34,830)๐ด is broken, we can confirm the end of the corrective wave.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-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 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.
๐In theory, Bitcoin's Elliott Waves are completing corrective waves in their microwaves.
๐Most likely, the corrective wave structure is an Expanding Flat(3-3-5).
๐I expect Bitcoin to start growing again from one of the ๐กPrice Reversal Zones(PRZs)๐ก and increase to the โฌ๏ธUpper โฌ๏ธ๐ดResistance zone($35,300_$34,830)๐ด if the upper ๐ดResistance zone($35,300_$34,830)๐ด is broken, we can confirm the end of the corrective wave.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-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 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.
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๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me๐ t.me/Ad_ProTrader365