Bitcoin falling again from the 🔴Resistance zone🔴
Updated
Bitcoin was able to go up to the 🔴resistance zone($ 25,760-$ 25,600)🔴 after breaking the resistance line.
The wave structure in the 15-minute time frame appears to be Expanding Flat(ABC/3-3-5), which is one of the most common corrective structures.
I expect Bitcoin to fall again from the 🔴resistance zone🔴 (there is also a possibility of a 🐮bull trap🐮).
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 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.
The wave structure in the 15-minute time frame appears to be Expanding Flat(ABC/3-3-5), which is one of the most common corrective structures.
I expect Bitcoin to fall again from the 🔴resistance zone🔴 (there is also a possibility of a 🐮bull trap🐮).
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 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.
Trade active
Note
Bitcoin has reacted well to the resistance zone.Trade closed: target reached
By shadowNote
Can Bitcoin break the descending channel? what is your opinion?Note
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Note
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