[BTCUSD] - The next move🎯
U can see in LTF (4H chart) how the price respect and reacted with 0.786 fib resistance , POC line and the upper side of the symmetrical triangle
Those 3 levels are gathering in a green rectangular which we called "confluence zone"
U can see many times of breakout this green rectangular ... always with huge candle..( Check it i highlighted with red circle).
According to those data we expect price will touch 0.618 fib level or closing below it(fake breakout)
Then continuation a bullish te get a new ATH as shown with Elliot wave
Thank u for reading our idea ...hit "like" and "follow" if u found it useful for you 🎯
Those 3 levels are gathering in a green rectangular which we called "confluence zone"
U can see many times of breakout this green rectangular ... always with huge candle..( Check it i highlighted with red circle).
According to those data we expect price will touch 0.618 fib level or closing below it(fake breakout)
Then continuation a bullish te get a new ATH as shown with Elliot wave
Thank u for reading our idea ...hit "like" and "follow" if u found it useful for you 🎯
Note
Untill now price respect my 0.618 fib golden level ...still hold breakout the green zone will be soonNote
Just 8 days for bitcoin halving ...tell me in comments ur opinion about price action of bitcoin!Note
U can see how accurate my vision here!
Price trading below 0.618 golden level and close below as expected..
Then the price now breaking out the upper side of symmetry triangle...
Hold with Patience... bullish rally incoming!
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🔻 telegram channel 🔻
t.me/itradeoncrypto
🎯 JOIN VIP FOR FREE!🎯
t.me/Cecilion1
join me at BitMEX platform and enjoy exclusive offers!🔥
bitmex.com/register/SMWPBc
t.me/itradeoncrypto
🎯 JOIN VIP FOR FREE!🎯
t.me/Cecilion1
join me at BitMEX platform and enjoy exclusive offers!🔥
bitmex.com/register/SMWPBc
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.