If you look carefully at the Bitcoin chart in the 4-hour time frame⏰, we can see three classic reversal patterns(at the same time).
Each pattern seems to complement the other pattern, and the last pattern we have to wait for is the Rounding Top pattern. With the Rounding Top pattern neckline breaking, the three patterns worked correctly, and Bitcoin is expected to decline at least to the 🟢support zone($25,250-$24,830)🟢 (even more).
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
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.
- The first pattern is Symmetrical Triangle pattern🚩, which in general, the continuation pattern can be used as a reversal pattern in some cases (for example, right now 😉)
- The second pattern is the Diamond Top pattern💎.
- The third pattern is the Rounding Top pattern🍙.
Each pattern seems to complement the other pattern, and the last pattern we have to wait for is the Rounding Top pattern. With the Rounding Top pattern neckline breaking, the three patterns worked correctly, and Bitcoin is expected to decline at least to the 🟢support zone($25,250-$24,830)🟢 (even more).
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
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
What is your idea?Bitcoin can break the 🟢support zone($25,250-$24,830)🟢 or not?
Note
Bitcoin analysis from the point of view of Elliott waves
Note
Bitcoin is completing the right Lip
🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.