Bitcoin Analysis==>>Fifth Attack to Resistance lines
Updated
Bitcoin is currently moving near important Resistance lines and a Potential Reversal Zone(PRZ). This is the fifth time that Bitcoin has attacked important Resistance lines.
I expect Bitcoin NOT to break the Resistance lines for the first time in the 5th attack.
Also, we can see Regular Divergence(RD-) between Consecutive Peaks.
Also, I expect that Bitcoin will at least fill the first CME Gap($68,700-$68,270), and if the Uptrend line breaks, we can expect Bitcoin to go down to the Support line and possibly fill the second CME Gap($66,350-$65,835) as well.
Bitcoin Analyze (BTCUSDT), 1-hour 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.
I expect Bitcoin NOT to break the Resistance lines for the first time in the 5th attack.
Also, we can see Regular Divergence(RD-) between Consecutive Peaks.
Also, I expect that Bitcoin will at least fill the first CME Gap($68,700-$68,270), and if the Uptrend line breaks, we can expect Bitcoin to go down to the Support line and possibly fill the second CME Gap($66,350-$65,835) as well.
Bitcoin Analyze (BTCUSDT), 1-hour 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
Trade closed: target reached
✅First Target Done✅Trade closed: target reached
✅Second Target Done✅Note
Finally, Two CME Gaps were filled.Note
All the bearish scenarios were executed well. Given the tensions between Iran and Israel and the drop in US stocks, I expect more Bitcoin falls.
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