Bitcoin can touch $67,000 Soon
Updated
Bitcoin is moving in a Heavy Support zone($65,730_$64,240).
According to the theory of Elliott waves, Bitcoin seems to have succeeded in forming a Leading Diagonal.
Also, we can see the Regular Divergence(RD+) between two Consecutive Valleys.
I expect Bitcoin to rise to at least $67,000 after breaking the upper line of the Leading Diagonal.
Note: An important point you should always remember is capital management and lack of greed.
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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
According to the theory of Elliott waves, Bitcoin seems to have succeeded in forming a Leading Diagonal.
Also, we can see the Regular Divergence(RD+) between two Consecutive Valleys.
I expect Bitcoin to rise to at least $67,000 after breaking the upper line of the Leading Diagonal.
Note: An important point you should always remember is capital management and lack of greed.
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 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
Trade closed manually
Since Bitcoin failed to break the resistance zone, I took a risk-free position.Trade active
My Second positionBTCUSDT
🟢Position: Long
✅Entry Point: 64651.0 USDT (Stop Limit Order)
⛔️Stop Loss: 64218.0 USDT
💰Take Profit:
🎯TP2: 65487.0 USDT //TP1: 65277 USDT(RR=1.45)
Risk-To-Reward: 1.94
Please don't forget to follow capital management ⚠️
Please pay attention to the style of opening the position.⚠️
Trade closed: stop reached
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