Bitcoin Analyze (Zigzag Correction)!!!😉It seems that Bitcoin didn't pass main wave 2 because the microwave B of main wave 2 had a Double Three correction (WXY). Since microwave A has 5 microwaves, so we have to expect that zigzag correction(5-3-5) for main wave 2.
I showed you the 🎯target🎯 of the end of main wave 2 in my chart.
Bitcoin Analyze ( BTCUSDT ), Timeframe 1H⏰.
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.
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Xbtcusd
Bitcoin Analyze (Short Term, Timeframe 1h)(Update)!!!Bitcoin is moving in Descending channel from 48000$ until now. and it was able to pass the main wave 4 with a double three correction , and now Bitcoin is finding the end of main wave 5, I tried to show you the end of the main wave 5 in my chart.
Bitcoin Analyze ( BTCUSDT ) Timeframe 1h⏰
🟢Support Zone: Around the Important Support Line
🔴Resistance Zone: 42250$ until 41580$
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.
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Bitcoin Analyze (Short Term, Timeframe 15min)!!!Bitcoin was able to complete its Double Three Correction in about 4 days , while this Correction made the microwave B of the main Correction.
Since Triple Threes are very rare compared to Double Threes , I believe that Bitcoin has started the microwave C .
Bitcoin Analyze ( BTCUSDT ) Timeframe 15min ⏰
🟢 Support Zone : 37000 $ until 36600$ = Cluster of Fibs + Important Support Line
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.
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Bitcoin Analyze (Road Map_Short Term)!!!🗺️ (Update)Hi, Bitcoin moved as I expected in my previous posts.✅ although I didn't expect that amazing dump and I tried to update my counting a little. I suggest you read my previous posts.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4H ⏰
Bitcoin is running in microwave 4 of microwave 5 of microwave 1 of Main wave C . Since we had a huge microwave 3, I expect that microwave 5 will be truncation .
The target zone 🎯 of the end of microwave 4 : 49000$ until 51200$
The target zone 🎯 of the end of microwave 5 : 44000$ until 43000$
🔴 RSI Analyze : RSI is moving on descending channel + we watched one of the valid bearish signals for RSI === Bearish Failure Swing , I believe that Bitcoin will enter the oversold zone. 👇https://www.tradingview.com/x/gUzD4ExD/
🔴 November candlestick pattern: we can find 💫 Shooting Star 💫Pattern ( Bearish ) = The trigger was activated. 👇https://www.tradingview.com/x/mO8cA7Qa/
🔴 Head and Shoulder Pattern : Bitcoin is pulling back to necking line of H&S❗️. 👇https://www.tradingview.com/x/5DPMl6Br/
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 (Expanding Diagonal)!!!📣I don't know that did you read my previous post about Bitcoin analysis or not !? if YES, please read this post, if NO, first please read my post with the topic '' Bitcoin Analyze (Road Map)!!!🗺️''.
In this post, According to my last post about Bitcoin, I tied to analyze Bitcoin in short term.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4 min⏰
Bitcoin is moving in Expanding Diagonal for more than 12 days, at the same time it is dancing in range channel. Bitcoin was able to complete its four microwaves on diagonal. I tried to show the end of microwave 5 for this movement on my chart. The end of microwave 5 can end at my TRZ (Time Reversal Zone).
🎯Target Zone for Microwave 5🎯 : 51300$-49820$
If Bitcoin can break the lower line of range channel, then we will be sure about this pattern works. As a result, in the first step, we can concentrate on the range channel in which direction it breaks. in addition, we can use the range channel as our trigger for opening Short position.
❗️Note❗️: if Bitcoin can break the upper line of Expanding digonal= Counting waves will change for the 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 update June 21Hello
Bitcoin update 21.06.2021
I still follow my previous analysis.
We touched support line of triangle
Inside the triangle I see falling wedge pattern
RSI-Oversold
Fear and greed index - 23 (Extreme Fear)
We shorted last down movement
And I see good level for swing trade
Best regards EXCAVO
Bull flag? 10k is possibleOk guys as you can see price is more than ichimoko cloud and also we can see a bull flag is forming.
If macd could stay above the axis and rsi respect to support line, we can see 10050, Im not sure about 1400, because 10050 is one of the local resistances for itself and its possible to see a big down trend after touching it, if it reject us(Rejection of 9800 could push us to 9400 too ...).
I'll stay here for a while to see a confirmation above 9700, and also rsi respects and macd power.
Volume is getting lower its really near to see another trend here.
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe
Bitcoin, 2 accurate places where we can open entry is...I think Bitcoin has a chance to continue Uprise:
- Price in Uptrend from $6400
- The current price above key level $9500
- We have low risk if we set stop loss below tail $9250
Huge probability that trend will continue
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Bitcoin bullishYea, Bitcoin has chosen the right way to go! Got above 8300, so now it will act as support for the next time it pull back. With such candle and volume it is targeting 9000-9150 for sure. Shorting BTC at this stage may give ~2% scalp, but risk is too high, as way up will bring much better prizes. HODL!
Resistance: 9040 - 9150 - 9550 (longer term, but BTC is capable of covering this distance in one wick 10500)
Support: 8200-8300
Progress for past 4-5 days:
Fear & Greed index: 56 (<= 49 <= 45 <= 50 <= 41)
BTC Dominance: 68.2% (<= 68.1 <= 68.1 <= 68.1)
24h Volume: $96.3 billion (<= 77.3 <= 85.2 <= 101)
Remember the big picture of cycles (caused by halving).