Bitcoin Analysis==>> Attack to Downtrend line==>>Short-term
Updated
Bitcoin is moving in the Support zone($58,500-$57,000) near the Downtrend line.
According to the Elliott wave theory, Bitcoin seems to have completed its 5-wave downtrend in the 15-minute time frame.
Also, we can see Regular Divergence(RD+) between Consecutive Valleys.
I expect Bitcoin to rise again to at least $59,200.
Note: If Bitcoin goes below $57,000, we should wait for Bitcoin to fall to $55,000 (at least).
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
According to the Elliott wave theory, Bitcoin seems to have completed its 5-wave downtrend in the 15-minute time frame.
Also, we can see Regular Divergence(RD+) between Consecutive Valleys.
I expect Bitcoin to rise again to at least $59,200.
Note: If Bitcoin goes below $57,000, we should wait for Bitcoin to fall to $55,000 (at least).
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
BTC was able to break the Downtrend lineTrade closed: target reached
First Target DoneTrade closed: target reached
Second Target Done
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