Bitcoin Analyze (Two Descending Triangle)!!!
Updated
Hi Everyone, I can understand that maybe you are tired from this market, but I am believing that we will see new movements (Soon)❗️
I don't know that did you read my previous post about Bitcoin analysis or not !? if YES, please read this post, if NO, first please read my post with the topic''Bitcoin Analyze (Triple Three Corrections) !!!''.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Location🌊: I think that we passed microwave 4 of main wave C at 36600$. The shape of microwave 4 was Triple Three Corrections, and I was able to find the eleventh swing (Wave (Z)).
My idea: Bitcoin is on Microwave 5 of main wave C (The end of Corrective Structure) and if this time the price arrives to our heavy support (316200$ until 30000$ (Support + Cluster of Fibs+ the lower lines of Descending Triangles), we will lose our Heavy support and even we will see 22535$ (Monthly Support 2).
Patterns: Bitcoin is running in two Descending Triangles that the upper lines of these triangles are Heavy resistances (Especially Pink Triangle). I found Points A-B-C on Pink Triangle and we have to wait to verify Point D-E (Critical Points). We can lose heavy support at Point D or we can lose heavy support when the price goes down from Point E (Let's see what will happen!?)
Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post carefully ( I ❤️LOVE❤️ THIS POST(for Jun 9)😀)👉
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. Over 43780$ our counting waves will fail and we can think about buying coins.
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 ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
I don't know that did you read my previous post about Bitcoin analysis or not !? if YES, please read this post, if NO, first please read my post with the topic''Bitcoin Analyze (Triple Three Corrections) !!!''.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Location🌊: I think that we passed microwave 4 of main wave C at 36600$. The shape of microwave 4 was Triple Three Corrections, and I was able to find the eleventh swing (Wave (Z)).
My idea: Bitcoin is on Microwave 5 of main wave C (The end of Corrective Structure) and if this time the price arrives to our heavy support (316200$ until 30000$ (Support + Cluster of Fibs+ the lower lines of Descending Triangles), we will lose our Heavy support and even we will see 22535$ (Monthly Support 2).
Patterns: Bitcoin is running in two Descending Triangles that the upper lines of these triangles are Heavy resistances (Especially Pink Triangle). I found Points A-B-C on Pink Triangle and we have to wait to verify Point D-E (Critical Points). We can lose heavy support at Point D or we can lose heavy support when the price goes down from Point E (Let's see what will happen!?)
Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post carefully ( I ❤️LOVE❤️ THIS POST(for Jun 9)😀)👉
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. Over 43780$ our counting waves will fail and we can think about buying coins.
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 ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Note
Read it 👉Bitcoin Analyze (Triple Three Corrections) !!!
Note
Please read a new post 👆
Note
New Post: Bitcoin Analyze (Triangles)!!!👍
Note
NICE RUN.😎🏃Note
New Post 👉Bitcoin Analyze (🎁Patterns🎁)!!!
Note
New Post👆
Note
New post: Bitcoin Analyze (Regular Contracting Triangle)!!!
Note
New Post👆
Note
New Post.👆
Note
New post 👆: Bitcoin Analyze(Descending Triangle+Falling Wedges+Channels)!!!
Note
New Post: Bitcoin Analyze (Descending & Ascending Channels)!!!
Note
Finding Same Patterns😎
Agree❗️❓
Note
New Post
Note
New Post
Note
New Post
Note
Timeframe 15min⏰
Note
New Post
Note
New Post
Note
Bitcoin Analyze 🗺️🔥(Counting Waves + Road map+ Long-term)🔥🗺️
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
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.