In the last 24 hours, Bitcoin grew by about ➕7%, but this growth was accompanied by a small volume, and the regular divergence(rd-) between price and volume can be seen well in the volume indicator.
Also, the current 4-hour candle is in Price Reversal Zone(PRZ), Time Reversal Zone (TRZ), and 🔴heavy resistance zone ($32,400-$28,120)🔴; I expect this candle to become a ⭐️shooting star⭐️ candlestick pattern.
I shared with you the position with RR=5, but you must jump to the positions with your own strategy.
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 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.
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Comment
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Mainly wave 5 is with low volume: from Elliott's theory point of view in 15 minutes.
@reza_1515, Thanks for sharing a possible scenario; I think that we passed the main wave A today.
UnknownUnicorn10828932
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@pejman_zwin my fifth of A is your fifth of 3 of A this wave is equal to 1 of my A and 0.38 percent of 0 to 3 and -1.272 of my fourth of A my B was very complex and i remember many right looking chart of all kind of ta but my main reason to think that we are in the 1 of C is that the 1 of my C is like corrective wave and 3 of it is not in good relationship with 1 and if my 1 of C is 5 of A then it has not a good fib characteristics of a fifth wave
UnknownUnicorn10828932
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@pejman_zwin but my path on the chart could be something else like my 2 of c of B of 4 of 1 can end at fourth wave of a lower degree which was 24800 i guess and i think the 38_43 is the birthplace of the C of 4 of 1
pejman_zwin
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@reza_1515, if reza shows your waves by chart, I can understand better, thanks for sharing your idea.