🗺️Bitcoin Roadmap🗺️⏰(4-hour time frame)⏰
🏃♂️After breaking the 🔴Resistance zone($44,700-$41,780)🔴, Bitcoin has reached the top of the Ascending Channel with the help of the Symmetrical Triangle Pattern.
🏃♂️Bitcoin is also currently moving near the 🟡Potential Reversal Zone(PRZ)($50,100-$47,000)🟡.
🌊In terms of Elliott wave theory, Bitcoin seems to be. It has completed wave 3 at the top of the ascending channel and is completing wave 4.
🔔I expect wave 4 to end near the broken 🔴Resistance zone($44,700-$41,780)🔴 and Bitcoin will start to rise again to the 🟡Potential Reversal Zone(PRZ)($50,100-$47,000)🟡.
❗️⚠️Note⚠️❗️: 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.
🏃♂️Bitcoin is also currently moving near the 🟡Potential Reversal Zone(PRZ)($50,100-$47,000)🟡.
🌊In terms of Elliott wave theory, Bitcoin seems to be. It has completed wave 3 at the top of the ascending channel and is completing wave 4.
🔔I expect wave 4 to end near the broken 🔴Resistance zone($44,700-$41,780)🔴 and Bitcoin will start to rise again to the 🟡Potential Reversal Zone(PRZ)($50,100-$47,000)🟡.
❗️⚠️Note⚠️❗️: 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.
Trade active:
Short
Comment:
It seems that the five waves of Impulsio are over, but considering Bitcoin's growth momentum, it may not be a deep correction.
Market Cap USDT Dominance% (USDT.D%) is moving in a 🟢Heavy Support zone(5.80%-5.20%)🟢 and a descending channel.
It is moving near the bottom of a descending channel and an important support line.
I expect Market Cap USDT Dominance% (USDT.D%) to rise in the short term which could cause the cryptocurrency market to correct.