Bitcoin is Ready for Correction==>>Short term!!!
Updated
Bitcoin(
BTCUSDT) is moving in an ascending channel in the 15-minute time frame, and we can also see another ascending channel in the 1-hour time frame.
Currently, Bitcoin is moving near the upper line of the ascending channel(Big) and Potential Reversal Zone(PRZ)[$76,900-$76,430].
According to Elliott's wave theory, Bitcoin seems to be completing the main wave 5.
I expect Bitcoin to decline to at least the Support zone($75,400-$75,000) and the lower line of the ascending channel(Small) after the completion of the main wave 5.
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) is moving in an ascending channel in the 15-minute time frame, and we can also see another ascending channel in the 1-hour time frame.Currently, Bitcoin is moving near the upper line of the ascending channel(Big) and Potential Reversal Zone(PRZ)[$76,900-$76,430].
According to Elliott's wave theory, Bitcoin seems to be completing the main wave 5.
I expect Bitcoin to decline to at least the Support zone($75,400-$75,000) and the lower line of the ascending channel(Small) after the completion of the main wave 5.
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
PRZ worked very well
And Trade was activated.
Trade closed: target reached
I closed Bitcoin Short Position, and I think we will see another ATH soon.
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