🗺️Bitcoin Roadmap🗺️(15-minute time frame➡️RR>3.00)
🏃♂️Bitcoin is moving near the 🔴Resistance zone($44,800-$44,160)🔴 and Inside the Ascending Channel.
🌊According toElliot's wave theory, wave 3 ended near 50_SMA(Daily), and now we have to wait for the confirmation of the end of wave 4.
🌊It seems that the structure of wave 4 is the Double Three Correction(WXY).
🌊With a lower line of ascending channel broken, we can confirm the end of wave 4.
🔔After breaking the lower line of the ascending channel, I expect Bitcoin to Fall at least to the 🟢Support zone($40,900-$40,200)🟢 and complete wave 5 (wave 5 can even be truncated).
❗️⚠️Note⚠️❗️: If Bitcoin can break the 🔴Resistance zone($44,800-$44,160)🔴, 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.
🌊According toElliot's wave theory, wave 3 ended near 50_SMA(Daily), and now we have to wait for the confirmation of the end of wave 4.
🌊It seems that the structure of wave 4 is the Double Three Correction(WXY).
🌊With a lower line of ascending channel broken, we can confirm the end of wave 4.
🔔After breaking the lower line of the ascending channel, I expect Bitcoin to Fall at least to the 🟢Support zone($40,900-$40,200)🟢 and complete wave 5 (wave 5 can even be truncated).
❗️⚠️Note⚠️❗️: If Bitcoin can break the 🔴Resistance zone($44,800-$44,160)🔴, 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.
Trade active
Comment:
BTC was able to break the ascending channel.
Comment:
Considering that the Trading Volume on Saturdays and Sundays is generally low, we should wait the next week for a new movement (most likely).
Trade closed: stop reached:
The position RR=3.00 las was touched, but you could have made other profits from this position.
Reason: The news about the ETF increases the market's excitement.
Reason: The news about the ETF increases the market's excitement.
The above news may cause the market to become excited, so be sure to place a Stop Loss.