Bitcoin Crash from 🟡Price Reversal Zone(PRZ)🟡⏰(1-Hour)⏰
Updated
🚶♂️Bitcoin is moving in the 🟡Price Reversal Zone(PRZ)🟡 and near the Resistance line and 50-SMA(Daily).
🌊According to Elliott Wave Theory, Bitcoin seems to be completing a Double Three Correction(WXY).
🔔I expect Microwave C of Wave Y to complete at 🟡Price Reversal Zone(PRZ)🟡 and Bitcoin to fall to at least the Support Line.
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🌐➕Positive News➕🌐:
No Change In Rates Expected At Fed’s September Meeting.
Record surge as Bitcoin micro investors reach all-time high.
‘Rich Dad’ R. Kiyosaki slams fiat money ‘FAKE’, says ‘crypto is the future’.
Bitcoin (BTC) Surpasses Visa Transaction Volume.
🌐➖Negative News➖🌐:
SEC Accuses Binance US of ‘Numerous Discovery Failures’ in Court Filing.
DeFi exchange volume down 15% on a monthly basis amid UNI, CRV price crash – VanEck
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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 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.
🌊According to Elliott Wave Theory, Bitcoin seems to be completing a Double Three Correction(WXY).
🔔I expect Microwave C of Wave Y to complete at 🟡Price Reversal Zone(PRZ)🟡 and Bitcoin to fall to at least the Support Line.
--------------------------------------------------------------------------------
🌐➕Positive News➕🌐:
No Change In Rates Expected At Fed’s September Meeting.
Record surge as Bitcoin micro investors reach all-time high.
‘Rich Dad’ R. Kiyosaki slams fiat money ‘FAKE’, says ‘crypto is the future’.
Bitcoin (BTC) Surpasses Visa Transaction Volume.
🌐➖Negative News➖🌐:
SEC Accuses Binance US of ‘Numerous Discovery Failures’ in Court Filing.
DeFi exchange volume down 15% on a monthly basis amid UNI, CRV price crash – VanEck
--------------------------------------------------------------------------------
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 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
✅Running well, ✅Trade closed: target reached
First TaregtNote
The 🟡Price Reversal Zone(PRZ)🟡 works well.Note
The bearish scenario is still valid, but maybe Bitcoin will go higher than the 🟡Price Reversal Zone(PRZ)🟡.Trade closed: target reached
Note
We can expect Bitcoin to rise to the important resistance line. (We have to wait for today's FED meeting)Note
Bitcoin was able to touch the support line,(but it had a long story) :))
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