Bitcoin ⚔️Attacks⚔️ the Support line again⏰(1-Hour)⏰
Updated
🌟Bitcoin managed to form a Shooting Star Candlestick Pattern in 🟡Price Reversal Zone(PRZ)🟡.
🌊Regarding Elliott waves, it looks like Bitcoin is completing the Double Three Correction waves(WXY), although I have another wave count for wave 4, which again points to Bitcoin falling.
🔔I expect Bitcoin to Fall near the Support line.
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🌐➕Positive News➕🌐:
This Analyst Believes a Spot Bitcoin ETF Could Push Prices Over $42,000 Within 100 Days
Latest Comments from Coinbase CEO: “SEC Chairman May Change in 2024, We Are Developing New System Instead of Stablecoins”.
🌐➖Negative News➖🌐:
Crypto Liquidity Becoming More Concentrated Within Top Exchanges, Says Analytics Firm Kaiko.
🔥Mt. Gox repayment date looming.🔥
🔥The Big Day is September 13th: Court May Grant FTX Liquidation Permission - Here are the Cryptocurrencies Under Threat of Liquidation.🔥
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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.
🌊Regarding Elliott waves, it looks like Bitcoin is completing the Double Three Correction waves(WXY), although I have another wave count for wave 4, which again points to Bitcoin falling.
🔔I expect Bitcoin to Fall near the Support line.
--------------------------------------------------------------------------------
🌐➕Positive News➕🌐:
This Analyst Believes a Spot Bitcoin ETF Could Push Prices Over $42,000 Within 100 Days
Latest Comments from Coinbase CEO: “SEC Chairman May Change in 2024, We Are Developing New System Instead of Stablecoins”.
🌐➖Negative News➖🌐:
Crypto Liquidity Becoming More Concentrated Within Top Exchanges, Says Analytics Firm Kaiko.
🔥Mt. Gox repayment date looming.🔥
🔥The Big Day is September 13th: Court May Grant FTX Liquidation Permission - Here are the Cryptocurrencies Under Threat of Liquidation.🔥
--------------------------------------------------------------------------------
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
Bitcoin is retesting the resistance line.Note
Two zones of support and resistance that you should consider, In case of failure of any of these zones, we should expect a movement with high momentum.
5-minute time frame ⏰
Trade closed: target reached
Note
BTC is on the sensetive zone..
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