pejman_zwin

๐Ÿ”ฅ Bitcoin is on Contracting Triangle ๐Ÿ”ฅ (Road map)๐Ÿง

BINANCE:BTCUSDT   Bitcoin / TetherUS
First, I have to say sorry for the busy chart ( BTCUSDT ), but my chart needed these lines. Please spend a few minutes on it.๐Ÿ™

Location: BTC is on Corrective Structure (Zig zag 5-3-5) for about 51 days (From 64795$ until LIVE price) and I think that this correction will take more time from us (maybe 2 months, just prediction).

My idea: still, BTC is on microwave 4 of Main wave C. as you know, one of the shapes of wave 4 is a triangle. I was able to find the 3 main points of the triangle A-B-C (Contracting Triangle). Point C has found with Bearish Gartley Harmonic Pattern + 78.6% Fibonacci (Point A) until (Point B).

For finding Point D, we have to concentrate on correcting microwaves (a-b-c) that are on the way to point D, I was able to find Bullish Crab Harmonic Pattern on the end of microwave a. microwave b can be around 37040$ or 37960$.

I think that Point D can be around 35698$ == 61.8% Fibonacci (Point B) until (Point C).

I have three Scenario :

Scenario 1: when the price arrives to Point D, it can break the lower line of our triangle, and then the price starts to go down, so the end of microwave 4 of Main wave C was at Point C + microwave 5 of Main wave C has started.

Scenario 2: when the price arrives to Point D, then the price goes up until Point E. Point E can be a Critical Point for us (It is the end of microwave 4 of Main wave C), better, I had to say that market will decide to go UP or DOWN (UP will make my Scenario 3//DOWN will make my Scenario 2). If the price goes DOWN at Point E, we can say that microwave 5 of Main wave C has started.

Scenario 3: when the price arrives to Point D, then the price goes up until Point E. Point E can be a Critical Point for us(It is the end of microwave 4 of Main wave C), better, I had to say that market will decide to go UP or DOWN (UP will make my Scenario 3//DOWN will make my Scenario 2). If the price goes UP at Point E, we can say that BTC will go UP by 5 new impulsive waves.

My Suggestion: please do not buy Coins for Midterm and Long-term investment until the market finds a way.

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 on this post.

Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe.

Good luck
Comment: We are so close to Point D ๐Ÿ‘.
Comment: We are at Point D right now.
Comment: Scenario 1 ๐Ÿ‘
Comment: Bitcoin Long-term Analyze (Monthly Time frame)๐Ÿ“†
Comment:
Downward Trend has broken ๐Ÿ“‰ (BTC.D/OTHERS.D)
Comment: New post :๐Ÿ“‰ Bitcoin Analyze Timeframe 1h โฐ(short term) ๐Ÿ“‰
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๐Ÿ’ต๐Ÿ“‰Bitcoin Analyze Timeframe 15min ๐Ÿ“‰๐Ÿ’ต/pay attention to Rising Wedge ๐Ÿ‘€
Comment: New Post.๐Ÿ‘
Comment: New post ๐Ÿ‘
Comment: New post, bitcoin analyze timeframe 4h ๐Ÿ‘
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RSI Analyze (BTC), Timeframe daily๐Ÿ•

Pullback or Fake break ๐Ÿงโ“
Comment: BTC Analyze (Play with Pitchfork's Lines๐Ÿด + Fib Circle)
Comment: The new post read it please: Bitcoin Analyze (Technical & Fundamental)!!!
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Follow Range Channel๐Ÿ‘, Timeframe 15min.
Comment: New post ๐Ÿ‘
Comment: New post please read ๐Ÿ‘‰Bitcoin Analyze (Candlestick Analysis)!!! ๐Ÿ‘
Comment: New post: Bitcoin Analyze(Counting Waves+Channels+Tweets)!!!
Comment: New post: Bitcoin Analyze Time Frame 4H/ Contracting Triangle!!!
Comment: New post: Bitcoin Analyze (Triple Three Corrections) !!!
Comment: New Post: Bitcoin Analyze (Triangles)!!!๐Ÿ‘

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