Bitcoin Analyze (Descending Channels + Gartley Patterns )!!!
Updated
HI, we saw a great rally these days, maybe one of the reasons was Amazon & Interview Cathie Wood ⚔️ Jack Dorsey ⚔️ Elon Musk ⚔️ Steve Lee. but I think that rally will end soon.
Bitcoin Analyze ( BTCUSDT ) Timeframe 8h ⏰.
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Fake Breaks Festival)!!!''.
Bitcoin came until now with a Bullish Gartley Harmonic Pattern until now, and again I think that it can come back to the lower line of the Main Descending Channel by Bearish Gartley Harmonic Pattern. now Bitcoin is on top of our Main Descending Channel & heavy PRZ (Price Reversal Zone) & Top of one Small Descending Channels that I expected to see Dump around the current Zone. also, we can find point D of Bearish Gartley Harmonic Pattern at TRZ (Time ReversalZone).
In addition, Slope 75 Degree needs Correction.
My Suggestion: please do NOT be FOMO, and if you did not buy coins, you can wait until Price breaks our Main Descending Channel, I don't expect that price can break the main channel just with one or two tests, so calm down // also, you can find Triggers for opening Short Positions at TRZ (Short term).
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.
Bitcoin Analyze ( BTCUSDT ) Timeframe 8h ⏰.
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Fake Breaks Festival)!!!''.
Bitcoin came until now with a Bullish Gartley Harmonic Pattern until now, and again I think that it can come back to the lower line of the Main Descending Channel by Bearish Gartley Harmonic Pattern. now Bitcoin is on top of our Main Descending Channel & heavy PRZ (Price Reversal Zone) & Top of one Small Descending Channels that I expected to see Dump around the current Zone. also, we can find point D of Bearish Gartley Harmonic Pattern at TRZ (Time ReversalZone).
In addition, Slope 75 Degree needs Correction.
My Suggestion: please do NOT be FOMO, and if you did not buy coins, you can wait until Price breaks our Main Descending Channel, I don't expect that price can break the main channel just with one or two tests, so calm down // also, you can find Triggers for opening Short Positions at TRZ (Short term).
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.
Note
Bitcoin Analyze (Fake Breaks Festival)!!!👆
Note
Bitcoin Long-term Analyze (Monthly Time frame)📆
Note
Similar 🧐, agree?
Timeframe 8h⏰
Note
TRZ was activatedNote
Playing with Fibonacci Tools🕹
Timeframe 8h⏰
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