Bitcoin Analyze_Road Map๐บ๏ธ(Update)!!!
Hi, We saw an amazing dump yesterday, I expected this movement from before, and finally, it happened. what will happen for Bitcoin?
for answering the question, I decided to update the road map that I published on Aug 14, the topic was ''Bitcoin Analyze (Road Map)!!!๐บ๏ธ''.
Bitcoin Analyze ( BTCUSDT ) Timeframe 8hโฐ
Location๐: Bitcoin's Correction has started at around 64200$. Bitcoin was able to pass the First Main wave of Correction (Main wave A) at 28805$. Wave A had 5 microwaves, so we have to wait for seeing ZigZag (5-3-5) Correction (I am believing that corrective structure hasn't ended).
We passed Main wave B by that dump + The price broke our important uptrend line (verification).
Now, we are sure about starting Main Wave C (90%). The Main wave C hast to have 5 microwaves that they can run on regular 5 impulsive waves (Scenario 1) or even run in ending Diagonal Triangle(Scenario 2).
If Scenario 1 happens, we can see 30000$ - 28800$ until the end of the year (even less).
if Scenario 2 happens, we will not see very low prices, (probably around 37600$).
I tried to show you the end of each microwave, let's see where are end of them? (a little hard to predict for now, but I try my luck ๐)
where is the end of microwave 1 of Main Wave C?
Taregts๐ฏ: 44400$ until 42850$
where is the end of microwave 2 of Main Wave C?
Targets๐ฏ: around 46600$ //around 47800$ // around 48914$// even around 51540$ (Low possible)
where is the end of microwave 3 of Main Wave C?
Targets๐ฏ: 37600$ until 30800$
where is the end of microwave 4 of Main Wave C?
Targets๐ฏ: 37800$ until 34200$
where is the end of microwave 5 of Main Wave C?
Targets๐ฏ: 30600$ until 28800$ or even less than these.
Note: Over 53000$ my counting waves will fail and probably we are on new 5 impulsive waves for reaching new ATH.
โ๏ธSignโ๏ธ: if you remember that when we were at around 36000$, Bitcoin touched 48168$ on BITCOIN / TETHERUS PERPETUAL FUTURES, and finally price arrived itself to this amount, yesterday we saw the same happens, and Bitcoin dropped down from 52000$ to 42800$, probably Bitcoin will arrive at 42850$ again๐
Thanks for reading this post, I hope that is useful for all.๐น๐
My Suggestion: if you have coins, you have to think about taking profits especially on the end of microwave 2 of Main wave C/ if you don't have coins, Don't be FOMO, probably time will give you another chance ๐๐.
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 in this post.
Please do not forget the โ 'like'โ button ๐๐ & Share it with your friends, Thanks, and Trade safe
for answering the question, I decided to update the road map that I published on Aug 14, the topic was ''Bitcoin Analyze (Road Map)!!!๐บ๏ธ''.
Bitcoin Analyze ( BTCUSDT ) Timeframe 8hโฐ
Location๐: Bitcoin's Correction has started at around 64200$. Bitcoin was able to pass the First Main wave of Correction (Main wave A) at 28805$. Wave A had 5 microwaves, so we have to wait for seeing ZigZag (5-3-5) Correction (I am believing that corrective structure hasn't ended).
We passed Main wave B by that dump + The price broke our important uptrend line (verification).
Now, we are sure about starting Main Wave C (90%). The Main wave C hast to have 5 microwaves that they can run on regular 5 impulsive waves (Scenario 1) or even run in ending Diagonal Triangle(Scenario 2).
If Scenario 1 happens, we can see 30000$ - 28800$ until the end of the year (even less).
if Scenario 2 happens, we will not see very low prices, (probably around 37600$).
I tried to show you the end of each microwave, let's see where are end of them? (a little hard to predict for now, but I try my luck ๐)
where is the end of microwave 1 of Main Wave C?
Taregts๐ฏ: 44400$ until 42850$
where is the end of microwave 2 of Main Wave C?
Targets๐ฏ: around 46600$ //around 47800$ // around 48914$// even around 51540$ (Low possible)
where is the end of microwave 3 of Main Wave C?
Targets๐ฏ: 37600$ until 30800$
where is the end of microwave 4 of Main Wave C?
Targets๐ฏ: 37800$ until 34200$
where is the end of microwave 5 of Main Wave C?
Targets๐ฏ: 30600$ until 28800$ or even less than these.
Note: Over 53000$ my counting waves will fail and probably we are on new 5 impulsive waves for reaching new ATH.
โ๏ธSignโ๏ธ: if you remember that when we were at around 36000$, Bitcoin touched 48168$ on BITCOIN / TETHERUS PERPETUAL FUTURES, and finally price arrived itself to this amount, yesterday we saw the same happens, and Bitcoin dropped down from 52000$ to 42800$, probably Bitcoin will arrive at 42850$ again๐
Thanks for reading this post, I hope that is useful for all.๐น๐
My Suggestion: if you have coins, you have to think about taking profits especially on the end of microwave 2 of Main wave C/ if you don't have coins, Don't be FOMO, probably time will give you another chance ๐๐.
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 in this post.
Please do not forget the โ 'like'โ button ๐๐ & Share it with your friends, Thanks, and Trade safe
ืืขืจื:
Scenario==If microwave 5 of microwave 1 of main wave C is Truncated โ๏ธ
Timeframe 1hโฐ
Scenario==If microwave 5 of microwave 1 of main wave C is Truncated โ๏ธ
Timeframe 1hโฐ
ืืขืจื:
New post: Bitcoin Analyze (Cycles)!!!๐
New post: Bitcoin Analyze (Cycles)!!!๐
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๐if you want to learn Technical Analysis = Please Contact me
๐if you want to learn Technical Analysis = Please Contact me
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