₿itcoin will go ✈️UP✈️ by Falling Wedge Pattern⏰(15_Min)
⚠️Yesterday, after the news of the approval of the Bitcoin ETF was confirmed to be Fake, Bitcoin fell again after breaking the🔴Resistance zone($28,450-$28,000)🔴.
🔄Currently, the🔴Resistance zone($28,450-$28,000)🔴has become a 🟢Support zone($28,450-$28,000)🟢 in my analysis.
🏁In terms of classic technical analysis, it seems that Bitcoin has succeeded in forming a Falling Wedge Pattern.
🔔I expect Bitcoin to rally to at least the ⬆️Upper ⬆️🟡Price Reversal Zones(PRZ)🟡 after entering the ⬇️Lower⬇️ 🟡Price Reversal Zones(PRZ)🟡 and reacting to the Pitchfork and Fib channel lines.
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🌐➕Positive News➕🌐:
FTX customers could get $9 B shortfall claim payout by mid-2024.
The number of wallets holding between 100 and 1,000 Bitcoins has reached an all-time high this year.
Cathie Wood Says 'Hopes Are Rising' For Bitcoin ETF Approval By SEC
🌐➖Negative News➖🌐:
US Government Holds $5 B in Bitcoin: WSJ.
Bitcoin (BTC) Collapses 8% as BlackRock Denies ETF Approval Rumor.
Binance Will Stop Accepting New User Registrations in the UK Starting Today.
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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 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.
🔄Currently, the🔴Resistance zone($28,450-$28,000)🔴has become a 🟢Support zone($28,450-$28,000)🟢 in my analysis.
🏁In terms of classic technical analysis, it seems that Bitcoin has succeeded in forming a Falling Wedge Pattern.
🔔I expect Bitcoin to rally to at least the ⬆️Upper ⬆️🟡Price Reversal Zones(PRZ)🟡 after entering the ⬇️Lower⬇️ 🟡Price Reversal Zones(PRZ)🟡 and reacting to the Pitchfork and Fib channel lines.
--------------------------------------------------------------------------------
🌐➕Positive News➕🌐:
FTX customers could get $9 B shortfall claim payout by mid-2024.
The number of wallets holding between 100 and 1,000 Bitcoins has reached an all-time high this year.
Cathie Wood Says 'Hopes Are Rising' For Bitcoin ETF Approval By SEC
🌐➖Negative News➖🌐:
US Government Holds $5 B in Bitcoin: WSJ.
Bitcoin (BTC) Collapses 8% as BlackRock Denies ETF Approval Rumor.
Binance Will Stop Accepting New User Registrations in the UK Starting Today.
--------------------------------------------------------------------------------
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 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
Comment:
I Transferred Stop Loss(SL) to Entry Point(EP) = Risk Free
Comment:
if BTC goes below the $28,000 = the Scenario will change.
Trade closed: target reached
Comment:
BTC was able to touch the above resistance zone and I think Resistance zone can hold BTC.
