Bitcoin Analyze (Counting Waves /Timeframe 15min)!!!
Updated
It seems that Bitcoin was able to finish the main wave B by Bearish Butterfly Harmonic Pattern that I published a few days ago.👇
Now I want to talk about the Structure of Main wave 1.
Since the sizes of microwaves 1 and 3 are equal, so, we can expect that microwave 5 is an extended wave.
🟡Elliott waves Guideline🟡: When waves 1 and 3 are equal in size, wave 5 is more likely extended. wave 5 then often is 161.8% in size relative to the size of waves 1 through to 3.
❗️Note❗️: If Bitcoin goes up to 21189$, the Scenario will change.
❗️Note❗️: the microwave 2 of microwave 5 of the Main wave 1 can be Double Three Correction.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Now I want to talk about the Structure of Main wave 1.
Since the sizes of microwaves 1 and 3 are equal, so, we can expect that microwave 5 is an extended wave.
🟡Elliott waves Guideline🟡: When waves 1 and 3 are equal in size, wave 5 is more likely extended. wave 5 then often is 161.8% in size relative to the size of waves 1 through to 3.
❗️Note❗️: If Bitcoin goes up to 21189$, the Scenario will change.
❗️Note❗️: the microwave 2 of microwave 5 of the Main wave 1 can be Double Three Correction.
Do not forget to put Stop loss for your positions (For every position that 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
Note
Bitcoin is hugging my lines😉Note
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
🎁Signup for 30% Commission Futures Fees and 25% Bonus.👉
lbank.one/join/uu1DKdN
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
🎁Signup for 30% Commission Futures Fees and 25% Bonus.👉
lbank.one/join/uu1DKdN
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.