๐Hi everyone.
๐ First, I have to apologize for the busy chart, but I will try to draw all the important zones and lines for you so that the posts have an ๐Educational aspect๐.
๐โโ๏ธBitcoin is moving in the ๐ขSupport zone($26,880-$26,500)๐ข near the ๐ฃYearly Pivot Point($26,737)๐ฃ, Support lines and ๐ต50_SMA(Daily)๐ต.
๐According to the theory of Elliott waves, Bitcoin seems to be completing its 5th wave with the help of the Expanding Ending Diagonal.
๐กAlso, we can see Regular Divergence(RD+) between two Consecutive valleys.
๐I expect Bitcoin to move towards the Resistance line and ๐ดResistance zone($27,600-$27,300)๐ด after breaking the upper line of the Expanding Ending Diagonal.
โ๏ธNoteโ๏ธ: Below the ๐ขSupport zone($26,880-$26,500)๐ข , Bitcoin has a ๐ตCME Gap($26,400-$26,290)๐ต, which I don't think Bitcoin will fill this gap in this attack, but if this zone is filled, the scenario will change.
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๐โPositive Newsโ๐:
First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx.
Telegram And TON Foundation Collaborate With Alibaba Cloud In Quest For Fastest Blockchain.
Bitcoin Lightning Network growth jumps 1,200% in 2 years.
Billionaire Paul Tudor Jones Still Likes Bitcoin Despite Price Drop.
Tether Continues To Flow Into Exchanges.
JPMorgan debuts tokenization platform, BlackRock among key clients: Report.
Crypto HODLers Stash Bitcoin Worth $1.35B Each Month, Onchain Data Show.
ARK Invest updates spot Bitcoin ETF proposal in response to SEC criticisms.
๐โNegative Newsโ๐:
Crypto exchange Bitstamp to end Canadian services in January
Jim Cramer thinks 'Mr. Bitcoin is about to go down big'
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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.
๐ First, I have to apologize for the busy chart, but I will try to draw all the important zones and lines for you so that the posts have an ๐Educational aspect๐.
๐โโ๏ธBitcoin is moving in the ๐ขSupport zone($26,880-$26,500)๐ข near the ๐ฃYearly Pivot Point($26,737)๐ฃ, Support lines and ๐ต50_SMA(Daily)๐ต.
๐According to the theory of Elliott waves, Bitcoin seems to be completing its 5th wave with the help of the Expanding Ending Diagonal.
๐กAlso, we can see Regular Divergence(RD+) between two Consecutive valleys.
๐I expect Bitcoin to move towards the Resistance line and ๐ดResistance zone($27,600-$27,300)๐ด after breaking the upper line of the Expanding Ending Diagonal.
โ๏ธNoteโ๏ธ: Below the ๐ขSupport zone($26,880-$26,500)๐ข , Bitcoin has a ๐ตCME Gap($26,400-$26,290)๐ต, which I don't think Bitcoin will fill this gap in this attack, but if this zone is filled, the scenario will change.
--------------------------------------------------------------------------------
๐โPositive Newsโ๐:
First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx.
Telegram And TON Foundation Collaborate With Alibaba Cloud In Quest For Fastest Blockchain.
Bitcoin Lightning Network growth jumps 1,200% in 2 years.
Billionaire Paul Tudor Jones Still Likes Bitcoin Despite Price Drop.
Tether Continues To Flow Into Exchanges.
JPMorgan debuts tokenization platform, BlackRock among key clients: Report.
Crypto HODLers Stash Bitcoin Worth $1.35B Each Month, Onchain Data Show.
ARK Invest updates spot Bitcoin ETF proposal in response to SEC criticisms.
๐โNegative Newsโ๐:
Crypto exchange Bitstamp to end Canadian services in January
Jim Cramer thinks 'Mr. Bitcoin is about to go down big'
--------------------------------------------------------------------------------
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.
ืขืกืงื ืคืขืืื
ืืขืจื:
We should wait for the breaking of the Expanding Ending Diagonal top line (in the coming hours).
ืืขืจื:
Bitcoin was able to break the upper line of the Expanding Ending Diagonal, if BTC can break the $26,980, we can expect to pump to my target.
Still valid.
Still valid.
ืืขืจื:
I expect that BTC can go to my target soon.
โ Running wellโ
โ Running wellโ
ืขืกืงื ืกืืืจื: ืืืขื ืืืฉื
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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