💡Bitcoin is trying to break the 🔴Resistance zone($35,280_$34,830)🔴 for the umpteenth time, but it seems that it has not succeeded (We will witness the second 🐮Bull Trap🐮, most likely).
🌊According to the theory of Elliott waves, Bitcoin is currently in Corrective waves, and the main wave 3 is also Extended.
🌊Bitcoin seems to be trying to complete the Corrective Waves that have formed between the two support and resistance zones in the last two weeks.
🌊The structure of correction waves is of Double Three Correction(WXY) type (it should be noted that all microwaves have been carefully calculated.)
💡Also, we can see Regular Divergence(RD_) between two Consecutive Peaks(Two Pull Traps).
💡In addition, we can see the Sell Signal between SMA(100) and EMA(100).
🔔I expect Bitcoin to go down to at least the first 🔵CME Gap🔵 after breaking the Support line(1).
❗️⚠️Note(1)⚠️❗️: In general, I tried to show you a Road map of Bitcoin for the next few weeks, but news and other factors can affect the amount of rise and fall of the waves.
❗️⚠️Note(2)⚠️❗️: If Bitcoin can go above $36,000, the wave count scenario will change.
❗️⚠️Note(3)⚠️❗️: An important point you should always remember is capital management and lack of greed.
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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🌊According to the theory of Elliott waves, Bitcoin is currently in Corrective waves, and the main wave 3 is also Extended.
🌊Bitcoin seems to be trying to complete the Corrective Waves that have formed between the two support and resistance zones in the last two weeks.
🌊The structure of correction waves is of Double Three Correction(WXY) type (it should be noted that all microwaves have been carefully calculated.)
💡Also, we can see Regular Divergence(RD_) between two Consecutive Peaks(Two Pull Traps).
💡In addition, we can see the Sell Signal between SMA(100) and EMA(100).
🔔I expect Bitcoin to go down to at least the first 🔵CME Gap🔵 after breaking the Support line(1).
❗️⚠️Note(1)⚠️❗️: In general, I tried to show you a Road map of Bitcoin for the next few weeks, but news and other factors can affect the amount of rise and fall of the waves.
❗️⚠️Note(2)⚠️❗️: If Bitcoin can go above $36,000, the wave count scenario will change.
❗️⚠️Note(3)⚠️❗️: An important point you should always remember is capital management and lack of greed.
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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
The United States Securities and Exchange Commission (SEC) has set an 8-day window from today to November 17 to review 12 Bitcoin spot ETFs