Bitcoin Analyze (Road Map, 03/18/2023)!!!๐บ๏ธ
ืืขืืืื
After breaking the important downward trend line, Bitcoin seems to have passed the main corrective wave A and is on the way to completing the main corrective wave B.
If you are curious about the structure of the main wave A, I suggest you take a look at the following post.๐
After breaking the resistance zone, which has now become a ๐ขsupport zone($25,260-$24,440)๐ข for Bitcoin, the Elliott wave counting scenario for Bitcoin has changed.
In fact, Bitcoin is about to finish its main wave 5. Because Bitcoin has filled every CME Gap throughout its history and because it has already filled a part of this gap, it is expected to fill this gap at least completely filled and; also I used Fibonacci levels to define a zone ๐ต(28,740$-$27,365 == CME Gap)๐ต for the end of wave 5 on the chart.
Another reason we can confirm the new count is that we see a regular divergence(rd-)between the main wave 3 and the main wave 5.
๐I expect Bitcoin to drop back to the ๐ขsupport zone($25,260-$24,440)๐ขafter confirming the end of wave 5.
๐In general, because Bitcoin reaches the ๐ดheavy resistance zone($32,400-28,120)๐ด for the first time, it is very unlikely that it will break this zone so easily, so don't take FOMO.
๐I drew the possible ๐บ๏ธroad map of Bitcoin๐บ๏ธ in my chart.
Bitcoin Analyze ( BTCUSDT ), Daily 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 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.
If you are curious about the structure of the main wave A, I suggest you take a look at the following post.๐
After breaking the resistance zone, which has now become a ๐ขsupport zone($25,260-$24,440)๐ข for Bitcoin, the Elliott wave counting scenario for Bitcoin has changed.
In fact, Bitcoin is about to finish its main wave 5. Because Bitcoin has filled every CME Gap throughout its history and because it has already filled a part of this gap, it is expected to fill this gap at least completely filled and; also I used Fibonacci levels to define a zone ๐ต(28,740$-$27,365 == CME Gap)๐ต for the end of wave 5 on the chart.
Another reason we can confirm the new count is that we see a regular divergence(rd-)between the main wave 3 and the main wave 5.
๐I expect Bitcoin to drop back to the ๐ขsupport zone($25,260-$24,440)๐ขafter confirming the end of wave 5.
๐In general, because Bitcoin reaches the ๐ดheavy resistance zone($32,400-28,120)๐ด for the first time, it is very unlikely that it will break this zone so easily, so don't take FOMO.
๐I drew the possible ๐บ๏ธroad map of Bitcoin๐บ๏ธ in my chart.
Bitcoin Analyze ( BTCUSDT ), Daily 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 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
Weekly time frame.๐
ืืขืจื
Way to fill the CME gap
๐Real & Accurcy Free & VIP Signals๐ t.me/ProTrader_365
๐Contact & Learning Technical Analysis ๐t.me/Ad_ProTrader365
๐Signup for 30% Commission Futures Fees and 25% Bonus.๐
lbank.one/join/uu1DKdN
๐Contact & Learning Technical Analysis ๐t.me/Ad_ProTrader365
๐Signup for 30% Commission Futures Fees and 25% Bonus.๐
lbank.one/join/uu1DKdN
ืคืจืกืืืื ืงืฉืืจืื
ืืชื ืืืชืืจ
ืืืืืข ืืืคืจืกืืืื ืืื ื ืืืืจืื ืืืืืช, ืืืื ื ืืืืืื, ืขืฆืืช ืคืื ื ืกืืืช, ืืฉืงืขืืช, ืืกืืจ ืื ืกืืืื ืืืจืื ืฉื ืขืฆืืช ืื ืืืืฆืืช ืฉืกืืคืงื ืื ืืืืฉืจืื ืขื ืืื TradingView. ืงืจื ืขืื ืืชื ืืื ืืืืืืืืช.