Bitcoin Analysis(🦀Bearish Deep Crab Harmonic Pattern🦀)

Dec 27, 2023

🏃‍♂️Bitcoin is moving in the 🔴Resistance zone($43,500_$42,800)🔴 and near the[ b]Resistance line and inside the Ascending Channel.

🌊According to the theory of Elliott waves, Bitcoin seems to be completing a Zigzag(ABC/5-3-5) correction in the ascending channel so that wave A has an Expanding Leading Diagonal.

💡Also, Bitcoin has managed to form a 🦀Bearish Deep Crab Harmonic Pattern🦀.

🔔I expect Bitcoin to start falling after breaking the lower line of the ascending channel.

❗️⚠️Note⚠️❗️: If Bitcoin breaks the Resistance line, the scenario will change.

❗️⚠️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.

Dec 27, 2023

Trade active

Dec 28, 2023

Trade closed: target reached

I closed the position.

Dec 28, 2023

Note

✅Running well✅

Dec 29, 2023

Note

The price seems to have hugged my lines. All targets were touched one after another.