Bitcoin Analyze (Short Term, 15-minute Time Frame,01/29/2023)!!!
Updated
Bitcoin moved as I expected✅😎👇
The story of Bitcoin waves is a bit complicated these days, so the main X wave seems to have a Double Three Correction structure.
Bitcoin is running near the PRZ(Price Reversal Zone).
I expect Bitcoin to at least drop to the support zone, given the wave structure after breaking the uptrend line.
Also, Given that the RSI is moving near the downtrend line and the 70% line on the 4-hour timeframe, the RSI can go down at the 4-hour timeframe.👇
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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.
The story of Bitcoin waves is a bit complicated these days, so the main X wave seems to have a Double Three Correction structure.
Bitcoin is running near the PRZ(Price Reversal Zone).
I expect Bitcoin to at least drop to the support zone, given the wave structure after breaking the uptrend line.
Also, Given that the RSI is moving near the downtrend line and the 70% line on the 4-hour timeframe, the RSI can go down at the 4-hour timeframe.👇
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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 was able to break the uptrend line.Trade closed: target reached
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