Hi Everyone, I think that finally, I was able to find the end of Micrwave 4 of main wave C, and now Bitcoin is dancing on Microwave 5 of Main wave C (The End of Correction) โ๏ธ
I don't know that did you read my previous posts about Bitcoin analysis or not !? if YES, please read this post, if NO, first please read my post with the topic''Bitcoin Analyze (Counting Waves)!!!''.
Bitcoin Analyze ( BTCUSDT ) Timeframe 1h โฐ
Location๐: I think that we passed microwave 4 of main wave C at 42599$. The shape of microwave 4 was Triple Three Corrections, and I was able to find the eleventh swing (Wave (Z))+ The structure of wave C of wave (Z) was Ending Diagonal.
Live: Bitcoin passed microwave 1 of microwave 5 of main wave C and now we are on microwave 2 of microwave 5 of main wave C. I found microwave A & B of microwave 2 and we have to find the end of microwave C of microwave 2.
The structure of microwave 2 is a Regular Flat (Probably).
Guidelines: The structure is called a โRegularโ Flat, if wave B retraces between 90 %- 105% of wave A, and the size of wave C is 100% โ 105% of wave A==it has complied โ
End of microwave C of microwave 2: 39960$ until 40080$, this point can happen at our TRZ + We will have Bearish AB=CD Harmonic Pattern.
I tried to show you our Resistance Zones & Suppor Zones that we have in front of Bitcoin.
Resistance zones & Suppor Zones on Bitcoin's way (Respectively):
Resistance zone: 39216$ until 39308$ (Resistance+ Cluster of Fibs+ Weekly Pivot Point)
Resistance zone: 39960$ until 40080$ (Resistance+ Cluster of Fibs+ Regular flat(Guidelines)+ Bearish AB=CD Harmonic Pattern)
Resistance zone: 40650$ until 41000$ (Resistance+ Cluster of Fibs)
Resistance zone: 41530$ until 41650$ (Resistance+ Cluster of Fibs)
Resistance zone: 42600$ until 42800$ (Resistance+ Cluster of Fibs)
Suppor Zone: 37729$ until 37380$ (Support + Cluster of Fibs + Monthly Pivot Point + Yearly Resistance 1)== Heavy Support
Suppor Zone: 35940$ until 35660$ (Support + Cluster of Fibs + Weekly Support 1)
Also, we had a lot of Head and Shoulder Patterns at Microwave 4 of main Wave C. Probably the next one is uploading now again.๐(Head and Shoulders Festival ๐)
In addition, please visit this post๐
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way.
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.
ืขืกืงื ืกืืืจื: ืืืขื ืืืฉื
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39960$ & 40080$,touch โ
ืืขืจื
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Follow Regression Channelโ๏ธ To verify the end of microwave 5, we have to lose ascending Channelโ๏ธ Timeframe 5min โฐ
Wave b can retraces between 127.2% โ 138.2% of wave a (45130$-45360$)==Scenario 1 ==Our counting wave will be ==Corrective Structure Running Flat or Expanding flat .โ๏ธ
Otherwise, still, Wace C is running = end of wave C can 45560$ or even 50652$ ==Scenario 2โ๏ธ
I really enjoy learning TA, I`m very greatful for you. This TA is inspiring, my experience is not anywhere near this. You are expert, so you have my thank. keep up the great job, I look forward to learning.