Btcanalysis
Bitcoin is ABSOLUTELY under Pressure - It MUST react before DECI have been looking at this in detail for some time and have decided to change how I calculate things and here is the result.
There are 2 things of Massive importance to see here.
First is that Curve that PA has been under since 2010
The Lower Dashed Line is the Trend line formed in 2011. It is Strong and it is Valid and PA is currently running along it.
Here is a closer image to show you where we are in relation to it right now. Directly below PA currently, we hit that line around 67K
The Apex of this "Triangle" is December THIS YEAR
PA Has to break Above that Arc, the same Arc that has Rejected PA EVERY TIME since 2011
BUT THIS TIME IS DIFFERENT - IT HAS TO BE and here is why
I am not going to explain the % increase each Cycle Low to ATH, it is in the chart but I do want to show you this,
The first real push of Bitcoin was a massive % rise that created the ATH that formed the 1st point of the Lower Trend line of the New channel. This is A on the chart
The Next push was to B. This push was 1.433% of the Original push A - smaller by a long way in % terms.
These 2 moves created the channel that PA has remained in ever since. ( see dashed upper trend line)
From this point on, we can see that each cycle push , while in channel, has been approx 20% of the previous rise. Or around 1/5 of the size in % terms
Or to put is another way, Each Rise has been a diminishing % rise from previous.
Look at that curve. It has pushed PA down each cycle ATH
This cycle, we are currently at 26.7% of the previous push ( to 2021 ATH ) and it has created a cycle ATH currently.
But is the cycle Over ? - Hopefully NOT
Because if it is NOT over, we need to break through that Curve of resistance by December.
The Much expected 200K ATH is way over that curve and would result in a 55% of previous push rise. That would break the "trend"
This is VERY Different. But Absolutely required.
So, the question that should be on Everyone's lips is "Which is stronger ? The line or the Arc ?"
My expectation is that we will break through. That Arc has been a Major part of the formative years of Bitcoin PA but now, it could prove detrimental. Because, if we do not break through it, It will push Peice DOWN, through that line of Long term support.
We do not want that
SO, Maybe THIS is why the Bulls are waiting for the Weekly MACD to reset to Neutral...PA Needs the strength to break through.
So, Go Buy your Local BULL a Beer ( or white wine lol ) and Lets get on.
Watch this Close. It really is more important that Trumps Reserve, Saylors Love nest or Bezos after burners.................
Bullish Quasimodo in Play – Bitcoin’s Next Target: $84,500?Bitcoin ( BINANCE:BTCUSDT ) attacked the Resistance zone($84,130_$81,500) again as I expected yesterday . Has Bitcoin given up or is it gathering momentum to attack the resistance zone again? What do you think?
Bitcoin is moving near Yearly Pivot Point and Cumulative Long Liquidation Leverage($80,537_$78,390) .
From Elliott Wave theory , Bitcoin appears to be completing an Expanding Flat(ABC/5-3-5) corrective wave .
According to the Price Action , Bitcoin appears to be completing the Bullish Quasimodo Pattern .
Educational Note : The Bullish Quasimodo Pattern is a reversal pattern that signals a potential uptrend after a downtrend. It forms when the price creates a lower low followed by a higher high and a higher low, confirming a shift in market structure.
I expect Bitcoin will NOT leave the CME Gap($86,400_$84,650) unfilled and will rise to at least $84,500 .
What do you think, will Bitcoin leave this CME Gap($86,400_$84,650)?
Note: If Bitcoin falls below $78,800, we should expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
Bitcoin Tests Resistance: Will the CME Gap Get Filled?Bitcoin ( BINANCE:BTCUSDT ) continued its downward trend as I expected in the previous post , but over the past 12 hours , Bitcoin has started to increase from Potential Reversal Zone(PRZ) . The question is whether this upward trend will continue in the past few hours or not !?
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JOLTS Job Openings & Its Potential Impact on Bitcoin
The JOLTS Job Openings report will be released today, March 11 . It provides key insights into the U.S. labor market . This data can influence the Federal Reserve’s monetary policy stance , impacting risk assets like Bitcoin.
Potential Impact on Bitcoin :
Higher-than-expected job openings : Signals labor market strength, increasing the likelihood of Fed tightening → Bearish for Bitcoin
Lower-than-expected job openings : Suggests labor market weakness, increasing the odds of rate cuts → Bullish for Bitcoin
Historical Influence :
In previous months, JOLTS data has triggered volatility across financial markets, including crypto. For instance, a sharp decline in job openings last year led to a weaker dollar and Bitcoin rally. Conversely, stronger-than-expected job numbers have reinforced hawkish Fed expectations, pressuring Bitcoin.
I believe there's a higher probability that the JOLTS report will come in weaker than expected, which could lead to a short-term rally in Bitcoin and gold. However, if the report is stronger than anticipated, we might see temporary selling pressure in the market. What is your idea!?
Today's positive news was " Trump Plans Order to End Crypto Banking Restrictions ". In general, Trump's statements no longer affect the crypto market as much as before. Do you agree with me?
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Now let's take a look at the Bitcoin chart on the 1-hour timeframe and use technical analysis tools .
Bitcoin is moving in the Resistance zone($84,130_$81,500) and near the 200_SMA(Daily) .
According to Elliott Wave theory , Bitcoin has completed five down waves , and we should wait for the next up waves . One of the signs of the end of wave 5 is the presence of a Regular Divergence (RD+) between two consecutive valleys .
According to the above explanation , I expect Bitcoin to re-attack the Resistance zone($84,130_$81,500) after a downward correction and attempt to fill the CME Gap($86,400_$84,200) .
Note: If Bitcoin can move above $87,200, we can expect the start of an uptrend.
Note: We should expect a bigger drop if Bitcoin falls below $72,000.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
Powell’s Speech & Bitcoin’s Decline: Is More Downside Ahead? Today, Fed Chair Jerome Powell is set to speak, and traders should brace for potential market volatility! Given the recent economic data , his tone is likely to be balanced but leaning hawkish .
Why a More Hawkish Powell?
1- Strong Job Market :
Unemployment Rate : 4.1% (Still low)
Non-Farm Payrolls (NFP) : 151K (Decent, but lower than before)
Average Hourly Earnings : 0.3% (Steady wage growth)
This suggests that the labor market remains resilient, which might discourage the Fed from cutting rates too soon.
2- Inflation Still a Concern :
Wage growth and inflationary pressures persist, which means Powell may emphasize keeping rates steady longer to combat inflation.
3- Markets Are Too Optimistic on Rate Cuts :
Investors are heavily betting on rate cuts in 2024, but Powell may push back against these expectations to prevent excessive risk-taking.
Powell will likely maintain a cautious yet hawkish stance to manage expectations. Big price swings are expected across forex, crypto, and commodities—so stay alert! (Of course, this is just a personal analysis).
In addition to Donald Trump , Signs Executive Order to Create Bitcoin Strategic Reserve
Of course, today, we didn't see any strange movement in Bitcoin, and probably, the proverb " buy the rumor, sell the news " was fulfilled.
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Now let's take a look at the Bitcoin chart on the 1-hour time frame and also take help from technical analysis tools .
Bitcoin ( BINANCE:BTCUSDT ) is in a Heavy Resistance zone($93,300_$89,250) and has started to decline from Potential Reversal Zone(PRZ) .
From a Classic Technical Analysis , Bitcoin appears to move in a Symmetrical Triangle .
According to Elliott Wave theory , Bitcoin has completed the Double Three Correction(WXY) , and we should wait for the next bearish wave .
I expect Bitcoin to attack 200_SMA(Daily) again after breaking the lower line of the Symmetrical Triangle .
Note: Bitcoin is likely to pump more if the symmetrical triangle's upper line breaks.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
Bitcoin’s Roller Coaster Ride: More Volatility Until March 7?Bitcoin ( BINANCE:BTCUSDT ) has been acting like a Roller Coaster in the last few days, and one of the main reasons for the high momentum movements is Donald Trump's speech . Generally, this market behavior detriments investors and trades. Such movements may continue until March 7 ( Let us recall that Donald Trump will meet with industry representatives at the “first crypto summit” at the White House on March 7 ).
So please pay more attention to Capital Management these days .
It seems that Bitcoin's Main Support is 200_SMA(Daily) , which failed to break yesterday and started to increase again. Now, Bitcoin has succeeded in breaking the Resistance zone($87,100-$85,800) .
According to Elliott wave theory , Bitcoin seems to be completing a Zigzag Correction(ABC/5-3-5) .
I expect Bitcoin to once again attack the Heavy Resistance zone($93,300_$89,250) and rise to at least the Potential Reversal Zone(PRZ) .
Do you think Bitcoin is still Correcting or ready for another major up move?
Note: If Bitcoin falls below $85,000, the possibility of Bitcoin increasing again will decrease.
Note: If Bitcoin can break the Heavy Resistance zone($93,300_$89,250) and the Resistance lines, we can even hope for a new All-Time High(ATH).
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $92,786 resistance approaching, $91,375 support currently in effect, $86,305 key support from here, possible sign of reversal on 1D with RSI and MACD confirmation, can retake $94,148 support this week if no further manipulation changes it's course. Current Weekly and Previous one both looking bullish showcasing strength of the Bulls, expect resistance at $94,148-$95,878, next key support range at $80,582-$78,034.
BTC Distribution towards 65k / 50k - ExplanationIn this video, I break down why Bitcoin's market structure is shifting bearish.
I explain the distribution phase, the key signs to watch for, and why I believe price is likely to trade lower. To give you a clearer picture, I also show a real example for comparison.
🚀 Topics Covered:
BTC structure switching bearish 📉
Understanding the distribution phase
Why I expect price to drop 🔻
A real example for comparison
If you find this analysis helpful, like & subscribe for more insights!
Let me know your thoughts in the comments.
BTC New Update (4H)This analysis is an update of the analysis you see in the "Related publications" section
As you can see in this analysis, the demand zone from the previous analysis was slightly hunted, but it is still valid and considered a demand zone.
We have reduced the timeframe slightly (4-hour).
Our expectation for price action is to see a slight bounce upward in this zone with some time consolidation.
After consuming the buy orders in this area and spending some time, Bitcoin may even move toward lower zones.
Let’s see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin & Trump Effect: A Short-Term Pump or Sustainable Rally?Bitcoin ( CRYPTO:BTCUSD ) started to rise as I expected in the previous post , but Donald Trump helped double the momentum of Bitcoin yesterday. But the question here is whether the correction of Bitcoin is over or if this is an increase in the chance of exit.
Bitcoin is trying to break the Heavy Resistance zone($93,300_$89,250) .
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing wave 4 and we should wait for wave 5 .
Note : Due to the high momentum of wave 3, it is possible that wave 5 is a truncated wave.
I expect Bitcoin to rise to at least $95,000 in the coming hours. The next target of Bitcoin can be Resistance lines and 100_SMA(Daily) .
What do you think about Bitcoin movement? Time to escape or wait for a new All-Time High(ATH) to be created?
Note: If Bitcoin goes below $89,000, we can expect Bitcoin to decline and the big CME Gap($91,610-$84,830) to be filled.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
B e sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
BTC's Potential Up to 77K & Down to 130K? Here’s WhyBINANCE:BTCUSDT has both bullish and bearish scenarios in play now.
These days, the crypto market has been stagnant—no real pump, no real dump.
🔻 If it drops, how low will it go?
There’s a potential multiple-top pattern.
If CRYPTOCAP:BTC breaks below the neckline at $92,000 with volume—or fails to reclaim it—then the target drop sits at $77,000.
🚀 If it pumps, how high can it go?
A potential multiple-bottom pattern is forming.
If MARKETSCOM:BITCOIN breaks above the neckline at $107,000 with volume—or successfully retests it—then the target is $130,000.
🔥 Short-term strategy
The Feb 3rd candle had significant volume and has been a key resistance level multiple times.
This makes it a strong reference point for entries.
(See orange & light blue arrows.)
1️⃣ Long Setup
Entry trigger: $102,500 (Feb 3rd high)
Stop loss: $91,231 (Feb 3rd low)
2️⃣ Short Setup
Entry trigger: $91,231 (Feb 3rd low)
Stop loss: $102,500 (Feb 3rd high)
💡 Prices vary across exchanges. Use the prices from your trading platform.
🔴 Read my signature & publications for more info you don’t want to miss.
🔥 for more future script "guesses" like this!
Long Story short for BTCHistory hasn't failed yet, so the four-year cycle is still intact until it isn't. I have stretched this chart out for the next couple of years so that you can get a good idea of where the potential bottom will be during the next bear market. I plan to accumulate as much as possible the closer it gets to 66k. If we do reach a 150-250k top this cycle then I will expect a bear market bottom between 66-76k. Watch my levels and use them as a guideline. Historically Bitcoin has NEVER returned to the price its low during the US election week:
2012 Election Week Low - $10
2016 Election Week Low - $700
2020 Election Week Low - $13,200
2024 Election Week Low - $66,800
that brings us to now... if this doesn't indicate the current market sentiment then I don't know what will. There's a reason why many genius economists are speculating a 1 million dollar bitcoin in the next 8 years.
BTCUSD Bullish Breakout: Targeting 88,000 and BeyondBTCUSD Bullish Target Analysis
BTCUSD has successfully broken out of the **descending channel**, indicating a potential trend reversal to the upside. The price is currently retesting the 85,272 support zone, which aligns with a rounding bottom pattern—typically a bullish continuation signal.
If this support holds and buyers step in, BTCUSD could see upward momentum toward its next key resistance level. The first bullish target is 88,000, which aligns with the previous price structure. A strong breakout above 88,000 could push BTCUSD toward 89,500–90,000, where sellers may re-enter the market.
To confirm further bullish momentum, BTCUSD needs to maintain support above 85,000 and show increasing volume on the breakout. If it fails to hold this level, a potential retest of lower zones may occur before another push higher.
TARGETS 88,000 - 89,500 - 90,000
STOP LOSS 83,000
Bitcoin Roadmap: Breaking the Broadening Wedge – A Buy Signal?After the tariffs that Donald Trump approved for the European Union and China , Bitcoin ( BINANCE:BTCUSDT ) received a shock with each approval. Otherwise, Bitcoin should have returned to the upward trend, at least in the short term.
Bitcoin seems to have failed to break 200_SMA(Daily) , and most of the time the invalid break is accompanied by the opposite movement of that break with high momentum. Also, Bitcoin seems to have broken the Resistance zone($83,530_$82,250) and is pulling back to this zone .
In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in completing the Descending Broadening Wedge Pattern .
According to the theory of Elliott waves , Bitcoin seems to have completed five downward waves and we should expect Bitcoin to rise .
Also, we can see the Regular Divergence(RD+) between Consecutive Valleys .
I expect Bitcoin to rise AFTER breaking the upper line of the Descending Broadening Wedge Pattern up to the targets I specified on the chart.
Do you think Bitcoin correction is over?
Note: If Bitcoin goes below the 200_SMA(Daily), expect more dumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
Bitcoin’s Candlestick Pattern- Reversal Signal Confirmed?As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) started to fall with the help of a Symmetrical Triangle Pattern .
Bitcoin is moving near Support lines and the important Potential Reversal Zone(PRZ) .
According to the theory of Elliott waves , Bitcoin seems to have successfully completed its 5 downward impulse waves . One of the signs of the completion of the main wave 5 is the Regular Divergence (RD+) between two consecutive valleys .
Another sign of Bitcoin's reverse can be the Hammer Candlestick Pattern .
Let's take some risks today and swim against the current, but please follow capital management and follow your strategy .
I expect Bitcoin to rise to at least the Heavy Support zone($93,300-$90,500)(broken) after breaking the Resistance zone($88,200-$87,450) .
Do you think Bitcoin can rise to at least $90,000 again?
Note: If Bitcoin goes below $84,500, we can expect more dumps .
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
Intraday Setup: BTC/USD Supply Zone & Target Area🔹Bitcoin (BTC/USD) 30-Minute Chart Analysis
-▪️ Supply Zone Identified: Price has reacted to a resistance area around 88,752, where sellers previously took control.
-▪️ Bearish Structure: The market remains in a downtrend, with price rejecting the supply zone.
- ▪️Projected Movement: A possible retest of the supply zone before further downside towards the target area near 85,314.
-▪️ Key Levels:
- Resistance: 88,752 (Supply Zone)
- Support/Target: 85,314
▪️Conclusion:
Bitcoin is likely to remain bearish, with short opportunities near the supply zone and a potential move towards lower support levels.
😊Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
Bitcoin (BTC/USD) – Double Channel Down with Potential Reversal!Pair: BTC/USD
Timeframe: 4H
Current Price: $86,486 (-2.37%)
🔍 Market Overview
Bitcoin has been trading within a well-defined double downward channel, indicating a period of correction. The price is approaching a key support level, which could act as a potential reversal point.
📊 Technical Analysis
1️⃣ Double Channel Down Formation
BTC has been moving within two parallel descending channels, confirming a short-term bearish trend.
The price is currently at the lower boundary of the second channel, where buying pressure may emerge.
2️⃣ Support & Resistance Levels
🔹 Support Levels:
$85,500 - $86,000 (Lower channel boundary)
$83,800 (Key demand zone)
🔹 Resistance Levels:
$89,000 (Mid-channel resistance)
$92,500 (Upper channel resistance)
$96,892 (Major breakout target)
3️⃣ Possible Trading Scenarios
📈 Bullish Scenario:
If BTC holds above the $85,500-$86,000 support zone, we could see a bounce back towards the mid-channel resistance (~$89,000).
A confirmed breakout above $92,500 would signal a trend reversal toward the $96,892 target.
📉 Bearish Scenario:
If BTC fails to hold the $85,500 support, we could see a further drop toward $83,800 or even lower.
A confirmed breakdown would extend the bearish momentum, possibly towards $80,000.
📌 Trading Plan
✅ Long Entry:
Around $86,000 - $85,500 (Support Retest)
Stop Loss: Below $83,800
Target 1: $89,000
Target 2: $92,500
Target 3: $96,892
🚨 Short Entry (If Breakdown Occurs):
Below $85,500
Stop Loss: Above $88,000
Target 1: $83,800
Target 2: $80,000
3 week chart forecasted the drop. Now what for Bitcoin?As per analysis:
Update on this chart that forecasted the drop. If you see my Binance BTC chart you will see both line up with each other's analysis yet they are 2 different types of TA and timeframes.
Now the drop has happened the % we forecast of the minimum 25% is not hit yet. This chart shows in yellow the current amount of % in drop BTC has made so far. The orange is the minimum as per history.
You will see on this chart there are now coloured circles around some candles. These are the times when Bitcoin was in a similar late period of a bull market and the RSI white line went under the yellow RSI line.(not the yellow trendline at 50.21 , the actual moving RSI yellow line).
The price drops are shown for these inside the circles, except for covid crash (red circle).
There are date ranges shown which are from the bottom of these price drops to the top of the bull run. I have put similar date ranges at current bottom and the larger of the 2 goes to mid November which would line up with a normal ending to bull run, making right now similar to the pink circled area.
The red circle is the covid crash and if you look at RSI this is the only time in a bull run that the yellow moving RSI line is on a downward slope. Every other time it is sloping down, we are in a bear market. Now look at the current situation, it is a downward sloping line. This is a slight concern.
Now we wait to see what unfolds on the lower timeframe analysis after this recent drop and check other indicators for a bear market confirmation. For now, we must assume we are still in a bull market, unless there are more signs of a bear market showing.
If still in bull run then these prices are a gift on altcoins. The issue is whether BTC wants to close the gap at 77k area which could potentially trigger the bear market to follow, depending on how long it is down at that price.
If this 3week RSI reclaims the yellow moving RSI line then we know the bull run will continue.
Bitcoin at a Critical Level: Will Support Hold or Break?CRYPTOCAP:BTC is currently accumulating within a marked zone, fluctuating within a broad range of approximately $17,800. The previous resistance line has now acted as support, indicating a key retest level.
If BTC fails to hold this support, a further decline toward the key support zone could be expected. The RSI is near 42.83, suggesting neutral momentum, with no strong bullish signs yet.
A breakdown below this range could trigger a bearish move, while a breakout above resistance would confirm bullish continuation.
DYOR, NFA
Thank you for your attention! If you found this valuable, please hit the like button and share your thoughts in the comments below.
Bitcoin’s Symmetrical Triangle Breakdown – How Low Can It Go?Bitcoin ( CRYPTO:BTCUSD ) started to fall, as I expected in the previous post ; the question here is whether the fall continues or not .
Today, I want to analyze Bitcoin for you in the 15-minute time frame .
Bitcoin was able to break the Support zone($93,300-$90,500) and important Support line .
Bitcoin also seems to have formed a Symmetrical Triangle Pattern and was able to break the lower line of the triangle.
Educational Tip : The Symmetrical Triangle is a continuation pattern where the price consolidates into a narrowing range with lower highs and higher lows. It indicates indecision, with a breakout in either direction confirming the next trend.
I expect Bitcoin to drop to the targets that I specified in my chart.
Note: If Bitcoin goes above $95,850, we can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.
Be careful with BTC !!!The price drops to around 93K dollars and then pumps to 97K dollars.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
❗Disclaimer
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin Breaks Uptrend line– Is a Crash Coming?As I expected in the previous post , Bitcoin ( CRYPTO:BTCUSD ) started to rise and reached the upper areas of the Resistance zone($100,520-$97,260) .
Bitcoin is moving in the Resistance zone($100,520-$97,260) and has managed to break the Uptrend line .
According to Elliott's wave theory , Bitcoin seems to have finally completed the main wave C .
I expect Bitcoin to attack the Heavy Support zone($93,300-$90,500) and Support lines once again, this is likely to be a heavy drop .
Note: If Bitcoin breaks the Resistance zone($100,520-$97,260), we expect more Pumps.
Do you think Bitcoin can break the Heavy Support zone($93,300-$90,500) or not?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.