Bitcoin( 
BTCUSDT ) managed to break the Upper line of the Descending channel and 200_SMA(Daily).
Bitcoin is attacking the Heavy Resistance zone($67,400-$64,740).
In terms of Elliott wave theory, Bitcoin seems to be completing microwave 5 of the main wave 3 in the 15-minute time frame, so main wave 3 seems to be extended.
I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ) after the correction.
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put 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 ) managed to break the Upper line of the Descending channel and 200_SMA(Daily). Bitcoin is attacking the Heavy Resistance zone($67,400-$64,740).
In terms of Elliott wave theory, Bitcoin seems to be completing microwave 5 of the main wave 3 in the 15-minute time frame, so main wave 3 seems to be extended.
I expect Bitcoin to rise again from the Potential Reversal Zone(PRZ) after the correction.
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put 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
I opened a Short position.
Risky, but I did:)
I am following capital management, so I don't have stress.
I can not open long position, I am waiting for correction.
Note
The USDT.D% situation seems sensitive, and it seems to have Bitcoin. Otherwise, the Bitcoin pump will continue.
Near support liens + lower line of descending channel.
Trade closed: target reached
Short & Long 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.