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pejman_zwin
Oct 3, 2021 11:53 AM

Bitcoin Analyze (Symmetrical Triangle & Scenarios)!!!Β 

Bitcoin / TetherUSBinance

Description

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Hi everyone, Today I want to talk about Scenarios of Bitcoin that can happen in the next 38 days!!!

Bitcoin Analyze ( BTCUSDT ) Timeframe Daily⏰

after verifying point C, I can say that Bitcoin is running in a Symmetrical Triangle these Months (Probably = one scenario will reject it). this triangle can reject in the next 38days, so I guess that we will see great movement in October (What is your idea, Pump or Dump ?!)

I tried to show you all scenarios that can happen in October, lets check them :

Scenario 1: Bitcoin can make descending channel by lines 1&2 of Pitchfork, and it breaks Support line & zone and our Symmetrical Triangle will reject == Fan Principle's Lines will work

Scenario 2: Bitcoin reaches itself to my point D (at the same time it breaks (Trusty) our resistance zone) and then, it will break important resistance line & zone== Fan Principle's Lines will Fail== New ATH

Scenario 3: Bitcoin reaches itself to my point D (at the same time it breaks (Fake) our resistance zone) and then, it doesn't able to break the resistance line & zone and it will arrive to point E, After that Bitcoin can break Support line & zone and we will see 37000-38000$ at this month Fan Principle's Lines will Fail== New ATH

Scenario 4: Bitcoin reaches itself to my point D (at the same time it breaks (Trusty) our resistance zone) and then, it doesn't able to break the resistance line & zone and it will arrive to point E, After that Bitcoin will attack to important resistance line for the fourth time and breaks it ===Fan Principle's Lines will Fail== New ATH

what is your idea, which scenarios will happen?

Resistance zones & Suppor Zones on Bitcoin's way :

Resistance Zone: 48800$ until 47500$

Support Zone: 41950$ until 41380$

My Suggestion: you can follow my Scenarios. probably my Zones will work and help usπŸ‘πŸ˜‰.

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 βœ…' like'βœ… button πŸ™πŸ˜Š & Share it with your friends, Thanks, and Trade safe

Comment

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New Post: Bitcoin Analyze (Fib Tools & πŸ›‘SignsπŸ›‘)!!!
Comments
Eleanors
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Great TA as always!
pejman_zwin
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@Eleanors, Thanks for the comment πŸ™πŸŒΉ
z1v6r
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great as well. thanks.
pejman_zwin
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@z1v6r, thanks πŸ™πŸŒΉ
fondHope55501
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THANKS A LOT
pejman_zwin
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@fondHope55501, you are welcome πŸ™πŸŒΉ
CyrusTrader
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So useful πŸ‘ŒπŸ‘ŒπŸ‘Œ Thank for share .
pejman_zwin
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@CyrusTrader, you are welcomeπŸ™πŸŒΉ
Mihai_Iacob
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Thanks for sharing your idea
pejman_zwin
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@OptimoomFX, Thanks for the comment πŸ™πŸŒΉ
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