Bitcoin(
BTCUSDT) started to fall again ,as I expected in the previous post.
This post is also a short-term analysis and is on the 15-minute time frame.
Bitcoin is moving near the Potential Reversal Zone(PRZ)[$77,050-$76,420].
In terms of Elliott Wave theory, Bitcoin appears to have completed a 5-wave downtrend on the 15-minute timeframe.
I expect Bitcoin to continue its upward trend in the coming hours, at least to the Resistance zone($79,350-$78,540).
Note: If Bitcoin falls below $75,470, we can expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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.
BTCUSDT) started to fall again ,as I expected in the previous post.This post is also a short-term analysis and is on the 15-minute time frame.
Bitcoin is moving near the Potential Reversal Zone(PRZ)[$77,050-$76,420].
In terms of Elliott Wave theory, Bitcoin appears to have completed a 5-wave downtrend on the 15-minute timeframe.
I expect Bitcoin to continue its upward trend in the coming hours, at least to the Resistance zone($79,350-$78,540).
Note: If Bitcoin falls below $75,470, we can expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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
Although Bitcoin made a fake break, it did not touch the Stop Loss($75,470) that I had written in the Note section. And the position was activated.Note: If Bitcoin falls below $75,470, we can expect further declines.
Trade closed: target reached
Full Target Done
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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.
🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁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.