🏃♂️Bitcoin is moving near the 🔵CME Gap($40,325-$39,290)🔵 and Support line.
🌊In terms of Elliott wave theory, Bitcoin seems to have completed its 5-wave downtrend near the support line.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
🔔I expect Bitcoin to Go UP at least until the end of wave 4 and at the next target of the 🔴Resistance zone($43,180-$42,820)🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute 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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🌊In terms of Elliott wave theory, Bitcoin seems to have completed its 5-wave downtrend near the support line.
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys.
🔔I expect Bitcoin to Go UP at least until the end of wave 4 and at the next target of the 🔴Resistance zone($43,180-$42,820)🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute 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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Note
Transfer Stop loss(SL) to Entry Point(EP)=Risk FreeNote
✅Running well✅Note
It seems that Bitcoin has succeeded in completing microwave B of the corrective wave.
The structure of the waves is zigzag.
If Bitcoin falls below $40,190, the scenario will change.
Note
Still valid.Trade closed: target reached
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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.