Bitcoin Analysis==>> Attack to Resistance zone
Updated
Bitcoin is currently moving near the Support zone($63,630-$63,200), Support lines and 200_SMA(Daily).
According to the Elliott wave theory, Bitcoin seems to have completed the correction structure of the Double Three Correction(WXY).
One sign of Bitcoin's increase is the Hammer Candlestick Pattern with a long shadow, which adds to its validity.
Also, we can see Regular Divergence(RD+) between Consecutive Valleys.
I expect Bitcoin to attack again the Resistance zone($58,500-$57,000).
Note: Bitcoin can attack the Resistance zone($58,500-$57,000) from around $62,600.
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 and updates; 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 the correction structure of the Double Three Correction(WXY).
One sign of Bitcoin's increase is the Hammer Candlestick Pattern with a long shadow, which adds to its validity.
Also, we can see Regular Divergence(RD+) between Consecutive Valleys.
I expect Bitcoin to attack again the Resistance zone($58,500-$57,000).
Note: Bitcoin can attack the Resistance zone($58,500-$57,000) from around $62,600.
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 and updates; 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
My Position was activated.Note
Still validTrade closed: stop reached
Sl touched, the scenario changed.
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