XBTUSD
Bitcoin Analyze (Counting Waves /Timeframe 15min)!!! (Update)Bitcoin was able to complete wave 5 by Expanding Ending Diagonal.
In the next steps, Bitcoin will go down to support zones.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
Bitcoin (BTC) - September 11Hello?
Welcome, traders.
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Have a good day.
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(BTCUSDT 1D Chart)
Resistance: 22753.10-23949.03
- In order to switch to an uptrend, it needs to be supported in the 19946.21-21873.46 section.
- In order to continue the upward trend, it must rise above the HA-High indicator.
Therefore, there should be a movement whether it rises as it is and rises above 23949.03 or shakes it up and down to make the HA-High indicator decline.
- The 21838.98 point is the HA-Low indicator point on the 1W chart, so if it rises and is supported, it is expected to lead to further upside.
- The RSI, Stoch RSI, and CCI(9) indicators are all located in the overbought zone.
Therefore, the key is whether it is supported above the MS-Signal indicator (19946.21-21838.98) when it is all out of the overbought zone.
If not, you should be cautious as this could lead to further declines.
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- The method of buying when the price rises is called breakout trading.
- What is important in breakout trading is how important the breakout point is.
Therefore, it is not always a breakout trade.
The 21838.98 point is the point of the HA-Low indicator on the 1W chart, and when viewed on the 1W chart, it is the point for turning into an uptrend.
Therefore, if it rises above this point and is supported, it can be interpreted that it is highly likely to turn into an uptrend in the medium term.
For this reason, the 21838.98 point is an important point.
- Also, what is important in breakout trading is the trading volume.
This is because, when breaking through an important point, it is necessary to break through strongly to increase the likelihood of receiving support after breaking through.
However, there is one thing to note here.
The coin market shows different trading volumes on different exchanges.
Therefore, it is unreasonable to judge the situation by the trading volume, so the reference of the trading volume is less important than the stock market.
For the same reason as above, we have created an indicator that corresponds to OBV in the trading volume indicator.
When the OBV center line rises, it can be interpreted that the volume is increasing overall.
Also, when the color of the center line is Aqua, it can be interpreted that the overall buying trend is increasing.
And, if the green width increases based on the center line, it can be interpreted that the buying trend is increasing during the 5ma period.
In this way, it was made to understand the distribution of the trading volume by the increase in the trading volume and the increase in the buying force.
Therefore, if the green width increases when breaking through the 21838.98 point, it can be judged that the breakthrough has been strong.
- The upward trend can be continued only when the price is maintained above the HA-High index.
Therefore, when viewed from the current HA-High indicator position, it should rise more than the 22753.10-23949.03 section.
Looking at the previous trend, we can see that a decline from the HA-High indicator will lead to a big decline.
So, if you made a breakout trade, you need to split and sell in the section 22753.10-23949.03 to confirm the profit.
Then, while showing support in the 22753.10-23949.03 section, when it rises, you can buy more or maximize your profit with the number of remaining coins (tokens).
Breakthrough trading is a short-term trading method.
Therefore, if the price falls after the price rises, the breakout point or the average purchase price becomes the Stop Loss point.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Bitcoin Q4 2022 Outlook: A Potential 2019 Fractal In PlayBitcoin Q4 2022 outlook: a potential 2019 fractal in play. The 61.8% fib from the December 2017 prior all-time-high to December 2018 low is where Bitcoin peaked by summer 2019: $13.9k. A potential play here is a similar rally to the 61.8% fib, from the current all-time-high of $69k to $17.6k, standing around the $50k psychological level.
Bitcoin (BTC) - September 10Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTC.D 1D Chart)
The rise in BTC dominance can be interpreted as a concentration of funds towards BTC.
(USDT.D 1D Chart)
A decline in USDT dominance can be interpreted as a high probability that the coin market will rise.
Therefore, it can be said that BTC is leading the movement of the coin market with the rise of BTC dominance and the decline of USDT dominance.
If this movement continues, most altcoins will likely go sideways or decline.
However, if the BTC price rises to some extent and goes sideways or rises slowly, the altcoins will start pumping.
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(BTCUSDTPERP 1W Chart)
The key is whether it can move above 21481.1 to break out of the medium-term bearish channel.
(1D chart)
If the price is maintained above the HA-Low and MS-Signal indicators, it is expected to turn into an uptrend.
However, in order to continue the upward trend, it must rise above the HA-High indicator.
Therefore, it is necessary to check whether the HA-Signal indicator on the 1W chart rises above 21826.1, the point of the HA-Signal indicator, and shakes up and down to make the HA-Signal indicator decline.
Otherwise, we should also see if we can rise above 22937.1 by going up like this.
- The main position is 'LONG' because it has risen above the HA-Low indicator.
However, you need to be careful as it may receive resistance and decline in the 21481.1-21826.1 section.
Point 21826.1 is the point where the HA-Low indicator of the 1W chart passes.
So, if we find support at 21826.1, we expect it to lead to further gains.
If you receive resistance in the 19424.9-19930.6 section, your main position is 'SHORT'.
- Analyzing charts with trends is just analysis and there is a limit to using it for trading.
So, no matter how you analyze it, you need to select support and resistance points in order to trade.
The current chart is a trend analysis, but you can create a trading strategy by using the horizontal points of the HA-Low, HA-High, and MACD-P indicators as support and resistance points.
Therefore, what kind of trading strategy you create at the selected support and resistance points will determine the winning or losing of the trade.
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- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.
So, whether it rises or falls from its current position, both require a short-term response.
A full-fledged uptrend is expected to begin when it rises above 29K.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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bitcorn, end of year (bullish) projectionthe other evening, some chad opened a short bigger than any other short opened over the last 2 years.
thanks to this guy, we're probably gonna go up when he gets liquidated.
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this is a bullish projection, an argument against all the bear cases which are out there.
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double zig-zag is what this count is called.
x wave might turn into an expanded flat + rocket ship to anywhere between 29~40k.
wave y will be the destroyer of dreams, the one which takes away everything from the average joe.
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new years target = 35~40k
Bitcoin (BTC) - September 9Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTCUSDT 1D Chart)
In order to transition into an uptrend, support should be found in the 19946.21-21873.46 section.
Looking at the previous trend, it can be seen that about 50% of the sharp decline has rebounded.
Therefore, about 50% of the fluctuation that has declined since August 15th is expected to rebound.
Therefore, assuming that the 18353.11 area is a low, it is expected to rise to around 21K.
The RSI indicator is located in the oversold zone.
Therefore, it is more likely to decline or go sideways rather than rebound.
Short-term traders should be wary of whipsaws.
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When the price is in an uptrend, you only need to think about the point to sell in installments.
However, in a downtrend, you should also consider where to buy in installments and how to increase the number of coins (tokens) you hold.
That's why you have to think more and be busier when you're in a downtrend than when you're in an uptrend.
Buying when transitioning from a downtrend to an uptrend will give you more coins (tokens).
However, the point where you thought it had turned to an uptrend would have already gone up a lot.
Therefore, it is necessary to acquire cash income by aggressively buying in the section where there is a high probability of turning into an uptrend or to increase the number of coins (tokens) held.
The current price range is an important section as the previous high.
The section that is considered to be a further downtrend is the 13K-15K section.
If you are experiencing large temporary volatility, you may be able to touch around 11K.
By making aggressive purchases in these areas, you need to increase your cash income or the number of coins (tokens) you own through short-term trading.
To understand this movement, you can refer to indicators or lines that correspond to the trend line.
However, what matters is how to find support and resistance lows.
MS-Signal, MACD-P, HA-Low and HA-High displayed in this chart are trend indicators.
Also, the point where MACD-P, HA-Low and HA-High form a horizontal line can be used as support and resistance points.
A reversal to an uptrend only requires seeing support above the MS-Signal and HA-Low indicators.
Therefore, it is enough to confirm that it is supported by ascending from the current position to the section 19946.21-21873.46.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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btc (idea 2)this is idea 2 of 2.
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both of these are equally probable, but i do personally prefer this one, as it gives us a beautiful opportunity to trade up from 13->35k, then short it back down to 6.
this move would allow many people to double, triple, or even quadruple their capital - hence giving them more buying power when the time comes for the long term hold.
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both ideas take us down to 5.9k.
i know you probably don't wanna hear this, but it's not me making these targets up.
the chart tells the story, and i am merely the interpreter.
take care 🤝
Bitcoin (BTC) - September 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTCUSDTPERP 1D Chart)
To turn into an uptrend, it must rise above 20220.1.
To do that, we need to make sure that it can be supported by 19424.9 or later.
Otherwise, it is expected to fall below 18374.1.
- The RSI indicator is not out of the oversold zone, and the Stoch RSI indicator is out of the overbought zone.
Therefore, the trend is mixed.
- The key question is whether the volatility around September 11 can break out of the medium-term downtrend channel.
- To enter a new position,
The section 19424.9-20220.1 requires a quick short-term response.
If support is confirmed by rising above 20220.1, the main position is 'LONG'.
If you see resistance after falling from 19424.9, your main position is 'SHORT'.
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- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.
So, whether it rises or falls from its current position, both require a short-term response.
A full-fledged uptrend is expected to begin when it rises above 29K.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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the path of mass destruction (part 1)13k is a number many people have their eyes on as of now,
what if the market decides to do something completely unexpected instead?
>like raid the range lows, then pop up to 35k
this would liquidate all the bears,
it would also turn a majority of the market bullish near the top.
and what would come next, would surprise everybody lol.
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ps. not saying this will happen, but i'm anticipating the least expected scenario to play out from here - one which will cause both sides extreme pain once it is completed.
ps2. part 2 to this post will be posted if 35k is realized.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (lose the support zone)!!!↘️Finally, Bitcoin lost its support zone, and as I have repeated several times in previous posts, whenever Bitcoin can reliably break the support zone, we can confirm the end of the main wave 2.
Bitcoin has already started the main wave 3, and I tried to show you the way that Bitcoin can go in the coming hours as the microwaves of the main wave 3.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze (Short Term, Timeframe 15min)!!! ⏰Bitcoin is on the way to complete microwave 4 of wave 3.
It should be noted that wave 3 is an extended wave.
I have shown you the end of wave 3(zone) on my chart.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.
btc 9-6 update ~good evening,
btc seems to be approaching a local bottom here.
4h bullish divergence, and shorts are starting to get out of control lol.
there's not much further it could go without invalidating this leading diag, so a move up is right around the corner.
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looking for a 2 week rally before further decline to 13\14k.
Bitcoin (BTC) - September 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTCUSDT 1W Chart)
We expect the Stoch RSI indicator to enter the oversold zone in the near future.
This time, when the Stoch RSI indicator is out of the oversold zone, it is necessary to check whether the RSI can also get out of the oversold zone.
(1D chart)
It decreased from 19695.87 to the vicinity of line 1.
It is necessary to check whether it can be supported by 18353.11 or later.
- In order to switch to an uptrend, it must rise above 20241.05.
- In order to continue the upward trend, it must rise above 22579.68.
- On the 19th day, the RSI indicator is located in the oversold zone.
When the Stoch RSI indicator moves out of the oversold zone or turns upward, it is necessary to check whether the RSI indicator can also break out of the oversold zone.
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(BTC.D 1D Chart)
Here's how BTC Dominance fell after the rise in the gap.
The decline in BTC dominance means that funds are concentrated towards altcoins.
Therefore, it is highly likely that BTC price whips and volatility will easily occur.
Therefore, short-term traders should be wary of whipsaws.
(USDT.D 1D Chart)
Here's how USDT Dominance moved up after the gap went up.
When USDT dominance declines, it is highly likely that the coin market will rise.
(ETH.D 1D chart)
If ETH dominance is maintained at or above 18.54-20.13, ETH price is expected to rise.
However, it is not known whether ATH can be renewed, so it is necessary to trade cautiously.
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BTC is expected to eventually touch around 13K-15K.
So, buy when it falls near 13K-15K and wait for it to rise.
However, it is not easy to buy because I think it will go down further when it falls near 13K-15K.
So, when to buy is when the price rises above the MA-Signal indicator and the MA-Signal indicator is a bullish indicator.
So, it is better not to think of buying at the lowest point.
Given the relationship between the RSI indicator and the Stoch RSI indicator, which continues to be an example, anyone can make an aggressive buy at a low price.
This aggressive purchase is a short-term transaction, and when the price rises, it is important to increase the number of coins (tokens) you have by selling as much as possible as much as possible. (From a mid- to long-term perspective)
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Bitcoin (BTC) - September 6Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTCUSDTPERP 1D Chart)
Whether or not it can rise above 20220.1 is the key.
To do that, we need to see if we can support and rise in the 19424.9-19930.6 zone.
If not, there is a possibility that it will move towards the 18374.1 area.
- From a medium-term perspective, it is located in a downtrend channel.
In the short term, they are consolidating and trying to get out of the downtrend channel.
Therefore, it is important to be supported in the period 19424.9-19930.6.
- As it is currently showing mixed conditions, I think it is good to check the direction to get out of the 19424.9-20220.1 section and then make a new entry.
If support is confirmed by rising above 20220.1, the main position is 'LONG'.
If you see resistance after falling from 19424.9, your main position is 'SHORT'.
- The set value for the CCI-C indicator has been changed to be displayed from the published publication this time.
Therefore, if you want to use the CCI-C indicator, you can check this chart by sharing it.
If the CCI line stays above the EMA line, it is likely to move higher.
Therefore, when the CCI line falls below the EMA line, it is necessary to check whether there is support or resistance at the support and resistance points before responding.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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ETHEREUM - IS THE MERGE A HUGE BULLTRAP?So far ETH outperforms BTC due to sheduled merge around 12-15 september.
But is this price action really that bullish? We already had some nice more than 100% move from the lows.
ETH dominance is in critical point right now. It's hard to believe we will break to the upside this multi year trend in one move.
Of course BTC can start breaking to the upside and overperform ETH but imo big move to the downside is actually more possible.
And in that case alts would bleed much, much more than BTC.
Bitcoin Analyze (Short term, Scenarios)!!!🧐Bitcoin has two scenarios right now.
Scenario 1: Bitcoin will bounce back from the support lines for the umpteenth time, and the correction wave will continue for the next one to two days.
Scenario 2: Bitcoin breaks the support lines, and Bitcoin wave 2 stabilizes, and we will see numbers below $19,000.
What do you think ❗️❓
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BITCOIN - STRONG HIGHER LOW OR 30% DOWN?As we can see BTC loves to move inside clear parallel channels.
So far during every bear market we were going 3 or 4 floors down.
Now we are at the third floor from the tops and aditionally pric is being hold by strong, over two years, trend line from march crash.
Still we have room to touch it (green dotted one) below 19 k what could give us strong higher low with potential huge accuulation pattern (channel) in making).
Loosing it would mean (imo) one more huge sell off towards another floor lower (around 14 k) what would also give us a second touch (retest) of the main trend lne from the tops.
BITCOIN (BTCUSD): Detailed Technical Outlook
Bitcoin is currently consolidating:
the market is trading within an intraday horizontal trading range.
To catch a bearish trend continuation,
watch 19500 - 19600 horizontal support.
If the price breaks that cluster I will expect a bearish continuation to 19000.
I do not know how long the price will stay within the range, but its breakout will certainly be a strong bearish signal.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Bitcoin Analyze (Short Term, Expanding Flat Correction)!!!🧐Bitcoin has followed my waves exactly these days✅💵💵💵✅.
So let's continue to track these waves.
Bitcoin was able to break through the main wave C at 20,441$ and now appears to be forming an Expanding Flat(3-3-5) corrective structure.
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
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.