Bitcoin / TetherUSUpdated 🔥 Bitcoin is on Contracting Triangle 🔥 (Road map)🧐
First, I have to say sorry for the busy chart (BTCUSDT), but my chart needed these lines. Please spend a few minutes on it.🙏
Location: BTC is on Corrective Structure (Zig zag 5-3-5) for about 51 days (From 64795$ until LIVE price) and I think that this correction will take more time from us (maybe 2 months, just prediction).
My idea: still, BTC is on microwave 4 of Main wave C. as you know, one of the shapes of wave 4 is a triangle. I was able to find the 3 main points of the triangle A-B-C (Contracting Triangle). Point C has found with Bearish Gartley Harmonic Pattern + 78.6% Fibonacci (Point A) until (Point B).
For finding Point D, we have to concentrate on correcting microwaves (a-b-c) that are on the way to point D, I was able to find Bullish Crab Harmonic Pattern on the end of microwave a. microwave b can be around 37040$ or 37960$.
I think that Point D can be around 35698$ == 61.8% Fibonacci (Point B) until (Point C).
I have three Scenario :
Scenario 1: when the price arrives to Point D, it can break the lower line of our triangle, and then the price starts to go down, so the end of microwave 4 of Main wave C was at Point C + microwave 5 of Main wave C has started.
Scenario 2: when the price arrives to Point D, then the price goes up until Point E. Point E can be a Critical Point for us (It is the end of microwave 4 of Main wave C), better, I had to say that market will decide to go UP or DOWN (UP will make my Scenario 3//DOWN will make my Scenario 2). If the price goes DOWN at Point E, we can say that microwave 5 of Main wave C has started.
Scenario 3: when the price arrives to Point D, then the price goes up until Point E. Point E can be a Critical Point for us(It is the end of microwave 4 of Main wave C), better, I had to say that market will decide to go UP or DOWN (UP will make my Scenario 3//DOWN will make my Scenario 2). If the price goes UP at Point E, we can say that BTC will go UP by 5 new impulsive waves.
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 on this post.
Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe.
Good luck
Location: BTC is on Corrective Structure (Zig zag 5-3-5) for about 51 days (From 64795$ until LIVE price) and I think that this correction will take more time from us (maybe 2 months, just prediction).
My idea: still, BTC is on microwave 4 of Main wave C. as you know, one of the shapes of wave 4 is a triangle. I was able to find the 3 main points of the triangle A-B-C (Contracting Triangle). Point C has found with Bearish Gartley Harmonic Pattern + 78.6% Fibonacci (Point A) until (Point B).
For finding Point D, we have to concentrate on correcting microwaves (a-b-c) that are on the way to point D, I was able to find Bullish Crab Harmonic Pattern on the end of microwave a. microwave b can be around 37040$ or 37960$.
I think that Point D can be around 35698$ == 61.8% Fibonacci (Point B) until (Point C).
I have three Scenario :
Scenario 1: when the price arrives to Point D, it can break the lower line of our triangle, and then the price starts to go down, so the end of microwave 4 of Main wave C was at Point C + microwave 5 of Main wave C has started.
Scenario 2: when the price arrives to Point D, then the price goes up until Point E. Point E can be a Critical Point for us (It is the end of microwave 4 of Main wave C), better, I had to say that market will decide to go UP or DOWN (UP will make my Scenario 3//DOWN will make my Scenario 2). If the price goes DOWN at Point E, we can say that microwave 5 of Main wave C has started.
Scenario 3: when the price arrives to Point D, then the price goes up until Point E. Point E can be a Critical Point for us(It is the end of microwave 4 of Main wave C), better, I had to say that market will decide to go UP or DOWN (UP will make my Scenario 3//DOWN will make my Scenario 2). If the price goes UP at Point E, we can say that BTC will go UP by 5 new impulsive waves.
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 on this post.
Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe.
Good luck
Note
We are so close to Point D 👍.Note
We are at Point D right now.Note
Scenario 1 👍Note
Bitcoin Long-term Analyze (Monthly Time frame)📆
Note
Downward Trend has broken 📉 (BTC.D/OTHERS.D)
Note
New post :📉 Bitcoin Analyze Timeframe 1h ⏰(short term) 📉
Note
💵📉Bitcoin Analyze Timeframe 15min 📉💵/pay attention to Rising Wedge 👀
Note
New Post.👍
Note
New post 👍
Note
New post, bitcoin analyze timeframe 4h 👍
Note
Our TRZ worked 👍, and follow lines
Note
RSI Analyze (BTC), Timeframe daily🕐
Pullback or Fake break 🧐❓
Note
BTC Analyze (Play with Pitchfork's Lines🍴 + Fib Circle)
Note
The new post read it please: Bitcoin Analyze (Technical & Fundamental)!!!
Note
New post, with New update.
Note
Follow Range Channel👍, Timeframe 15min.
Note
New post 👍
Note
New post please read 👉Bitcoin Analyze (Candlestick Analysis)!!! 👍
Note
New post: Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!
Note
New post: Bitcoin Analyze Time Frame 4H/ Contracting Triangle!!!
Note
New post: Bitcoin Analyze (Triple Three Corrections) !!!
Note
New Post: Bitcoin Analyze (Triangles)!!!👍
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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.
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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.