Bitcoin Analyze (Counting Waves+Scenarios)!!!
Updated
Hi, I Came back again with Bitcoin counting waves. still, I am believing that Bitcoin was able to pass Main wave B at 48800$, also, As I said in my previous post ''Bitcoin Analyze (Counting Waves at Timeframe 15min)!!!'',❗️Warning❗️: over 46822$, my counting waves will be fail. and NOW, my counting was failed (Normal, counting waves can change). So I tried to count again and find 2 Scenarios for these Days & Hours.
I don't know that did you read my previous post about Bitcoin analysis or not !? if YES, please read this post, if NO, first please read my post with the topic''Bitcoin Analyze (Road Map)!!!🗺️''.
Bitcoin Analyze ( BTCUSDT ) Timeframe 30 min⏰
Location🌊: Bitcoin was able to pass Main wave B at 48800$. now, I think that Bitcoin is resting time ⏰. after Main wave B, we save wave A that it had 3 microwaves (5-3-5 ZigZag), so the Corrective Structure of resting time can be (3-3-5 (Flat) =Scenario 1) or (3-3-3-3-3 (Triangle (probably Contracting Triangle)= Scenario 2).
At the moment Bitcoin is running on wave B. we passed microwaves a & b of Wave B that they had 3 microwaves, so wave B is a flat correction (3-3-5). now we have to find the end of microwave 5 of microwave c of wave B.
Tip: microwave 3 of microwave c of wave B is extended. If wave 3 is extended, then wave 1 and 5 are often nearly equal in magnitude and duration. If equality is lacking, a 61.8% relationship is next most likely. If microwave 1 and microwave 5 want to be equal in size, microwave 5 can continue up to 47413$ (Around the Current Price + TRZ).
As result,47413$ can be one of the targets of the end of wave B. the end of wave B can continue until 48100$ or even 49100$.
In addition: stochastic is showing the end of the movement 👇
When we can find and sure about the end of wave B, we will have 2 Scenarios :
Scenario 1: Bitcoin will complete Flat Correction (3-3-5) and probably it will break our Heavy Support (43960-43770$) == Sign for starting Main Wave C.
Scenario 2: Bitcoin will complete Triangle Correction (3-3-3-3-3), probably this triangle will be Contracting Triangle.
My Suggestion: if you have Bitcoin, you have to think about taking profit from them Soon/ if you don't have coins, Don't be FOMO, probably time will give you another chance 👍😉/ If you find the end of wave B & triggers, then you can open Short Position.
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
I don't know that did you read my previous post about Bitcoin analysis or not !? if YES, please read this post, if NO, first please read my post with the topic''Bitcoin Analyze (Road Map)!!!🗺️''.
Bitcoin Analyze ( BTCUSDT ) Timeframe 30 min⏰
Location🌊: Bitcoin was able to pass Main wave B at 48800$. now, I think that Bitcoin is resting time ⏰. after Main wave B, we save wave A that it had 3 microwaves (5-3-5 ZigZag), so the Corrective Structure of resting time can be (3-3-5 (Flat) =Scenario 1) or (3-3-3-3-3 (Triangle (probably Contracting Triangle)= Scenario 2).
At the moment Bitcoin is running on wave B. we passed microwaves a & b of Wave B that they had 3 microwaves, so wave B is a flat correction (3-3-5). now we have to find the end of microwave 5 of microwave c of wave B.
Tip: microwave 3 of microwave c of wave B is extended. If wave 3 is extended, then wave 1 and 5 are often nearly equal in magnitude and duration. If equality is lacking, a 61.8% relationship is next most likely. If microwave 1 and microwave 5 want to be equal in size, microwave 5 can continue up to 47413$ (Around the Current Price + TRZ).
As result,47413$ can be one of the targets of the end of wave B. the end of wave B can continue until 48100$ or even 49100$.
In addition: stochastic is showing the end of the movement 👇
When we can find and sure about the end of wave B, we will have 2 Scenarios :
Scenario 1: Bitcoin will complete Flat Correction (3-3-5) and probably it will break our Heavy Support (43960-43770$) == Sign for starting Main Wave C.
Scenario 2: Bitcoin will complete Triangle Correction (3-3-3-3-3), probably this triangle will be Contracting Triangle.
My Suggestion: if you have Bitcoin, you have to think about taking profit from them Soon/ if you don't have coins, Don't be FOMO, probably time will give you another chance 👍😉/ If you find the end of wave B & triggers, then you can open Short Position.
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
Note
Bitcoin Analyze (Road Map)!!!🗺️
Note
falling and rising wedge & Counting waves ❗️Timeframe 1h⏰
The scenario changed, we are still on microwave 5 of Main Wave B
Note
Counting waves ❗️
Timeframe 15 min⏰
Note
New Post.👍
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