pejman_zwin

🚨Bitcoin Is Ready to Fall🚨

Short
pejman_zwin Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
🏃‍♂️Bitcoin is moving in 🟡Potential Reversal Zone(PRZ)($66,120-$65,350)🟡 and Resistance line.

🌊According to the Elliott wave theory, Bitcoin seems to be able to complete the Zigzag Correction(ABC/5-3-5) in PRZs (🟡Potential Reversal Zone(PRZ)($66,120-$65,350)🟡 has more chances).

💡Another sign that we can point to Bitcoin correction is the formation of the Head and Shoulders Pattern.

🔔I expect Bitcoin to fall at least to my Pitchfork lines on the chart.

❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.

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 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:
If Bitcoin can break the upper line of the ascending channel and the resistance zone($70,680-$68,400), it will rise to the previous top(ATH). Otherwise, It will return to the lower line of the ascending channel.


It's still valid for me.

👑Free & VIP Signals: t.me/ProTrader_365

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

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.