Bitcoin has been moving in a descending channel for about two monthsโฐ.
In terms of the structure of Elliott waves, it seems that the waves in the descending channel are forming a Double Three Correction structure(WXY).
Currently, Bitcoin seems to be completing microwave B of the main wave Y.
I expect Bitcoin to retrace itself to the top of the ascending channel and then attack the ๐ขheavy support zone ($ 25,280-$ 24,410)๐ข.
Bitcoin Analyze ( BTCUSDT ), 4-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 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.
In terms of the structure of Elliott waves, it seems that the waves in the descending channel are forming a Double Three Correction structure(WXY).
Currently, Bitcoin seems to be completing microwave B of the main wave Y.
I expect Bitcoin to retrace itself to the top of the ascending channel and then attack the ๐ขheavy support zone ($ 25,280-$ 24,410)๐ข.
Bitcoin Analyze ( BTCUSDT ), 4-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 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.
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Bitcoin Analyze !!!๐บ๏ธ(15-min)
Bitcoin Analyze !!!๐บ๏ธ(15-min)
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