pejman_zwin

Bitcoin Analyze (Short Term, 15-minute Time Frame,01/24/2023)!!!

pejman_zwin Premium Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin seems to be forming a double three correction(WXY) pattern in the 15-minute time frame.

The main wave X ended with an ending diagonal pattern, and Bitcoin is completing the main wave Y (of course, the main wave X can include various combinations of corrective waves).

Another thing I can say about the theory of Elliott waves is that when the main wave W has a zigzag structure, it is less likely that the Y wave will be a zigzag pattern, so for the main wave Y, I expect more flat and even triangle corrections.

I tried to show you the end of main wave Y in my chart (PRZ(Price Reversal Zone)).

If you want to know more about the higher time frames of Bitcoin , I recommend you to read the previous post and the following post about Bitcoin .πŸ‘‡


Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.

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Trade closed: target reached
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