Hi, Bitcoin moved as I expected in my previous posts.β 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 4Hβ°
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 π― of the end of microwave 4: 49000$ until 51200$
The target zone π― of the end of microwave 5: 44000$ until 43000$
π΄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. π
π΄November candlestick pattern: we can find π«Shooting Starπ«Pattern ( Bearish ) = The trigger was activated. π
π΄Head and Shoulder Pattern: Bitcoin is pulling back to necking line of H&SβοΈ. π
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 β 'like'β button ππ & Share it with your friends, Thanks, and Trade safe