🚀Bitcoin will go UP by Falling Wedge Pattern🚀⏰(1-Hour)⏰

pejman_zwin Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
✅As I expected, Bitcoin fell to the 🟡Price Reversal Zone(PRZ)🟡 at the weekend.

💡Bitcoin has succeeded in forming a Falling Wedge Pattern.

💡Also, we can see a Regular Divergence(RD+) between two successive valleys.

🌊According to the theory of Elliott waves, Bitcoin seems to have completed wave 5 in in 🟡Price Reversal Zone(PRZ)🟡

🔔I expect Bitcoin to start rising from the 🟡Price Reversal Zone(PRZ)🟡in the coming hours after breaking the upper line of the Falling Wedge Pattern and at least rise to the 🔴Resistance zone($26,800-$26,680)🔴.
🌐➕Positive News➕🌐:

South Korean City Aims to Become a Leading Blockchain Hub with $75 Million Investment.

🌐➖Negative News➖🌐:

Coinbase holds 5% of all Bitcoin in existence: Data.

Mixin Network Losses Nearly $200M in Hack.

North Korean Lazarus Group amasses over $FWB: 40M in Bitcoin, data reveals
Bitcoin Analyze ( BTCUSDT ), 1-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 be glad to see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
If BTC can break the $26,460 === PUMP
BTC is ready to attack the upper line of Falling Wedge.
🟡Price Reversal Zone(PRZ)🟡 has held Bitcoin well.
Trade closed: target reached
Trade active:
Short position.
Trade closed: target reached

👑Free & VIP Signals:

🤑Try 3Commas and get a 10% discount:

🎁Get 10% Discount on your trading FEE on Bybit:

📚if you want to learn Technical Analysis = Please Contact me

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.