Bitcoin is currently moving in an Important Resistance zone($68,000-$66,170) , which it has tried to break several times. It also seems that Bitcoin has succeeded in forming a 🦇 Bearish Bat Harmonic Pattern 🦇. I expect Bitcoin to drop to at least the Lower line of the Ascending Channel . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to...
Bitcoin reached the Resistance zone($68,000-$66,170) again. Will Bitcoin succeed in breaking this zone or not❗️❓ According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 5 ; the structure of the main wave 5 can be Expanding Ending Diagonal . Also, we can see Regular Divergence(RD-) between Consecutive Peaks . I expect...
Bitcoin made the corrections I had expected in previous posts . Bitcoin is moving near the Heavy Support zone($63,410-$62,280) and Support lines . I expect Bitcoin to rise by touching the Support lines and Support zone($63,520-$63,240) . Bitcoin Analyze (BTCUSDT), 15-minute frame⏰. Do not forget to put Stop loss for your positions (For every...
Bitcoin moved as I expected in previous posts . The question here is whether the upward trend of Bitcoin continues or not!? I apologize for the that the chart is a bit busy. I think all was needed😊. 🌐 Breaking News : As I was writing this post, the breaking news was that Joe Biden withdrew from the US presidential election, which can shock financial...
Bitcoin made the corrections I had expected in previous posts . Bitcoin is currently moving in the Support zone($63,410-$62,280) . According to the good news from the crypto market , we should expect an increase in Bitcoin at least until the end of July, when the annual Bitcoin conference is in a few days. According to the Elliott wave theory , Bitcoin...
Bitcoin is moving near the Resistance zone($65,500-$64,850) and Resistance lines . I expect Bitcoin to attack the Support zone($64,280-$63,850) again in the coming hours; if the support zone breaks , we should expect Bitcoin to fall at least to the support line . Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. Do not forget to put Stop loss for your...
Bitcoin started to rise after the German government finished selling Bitcoin , and what happened to Trump . Bitcoin is currently in the Resistance zone($64,420-$62,700) and near the 21_SMA(Weekly) . According to the theory of Elliot waves , it seems that five waves have been completed and we should wait for corrective waves . I expect Bitcoin to fall...
After the announcement of the Consumer Price Index(CPI) Indexes , it seems that Bitcoin's correction structure has changed a little, but I still DO NOT expect an increase in its price. In terms of Elliott wave theory , Bitcoin seems to be completing the Leading Diagonal . Also, we can see Regular Divergence(RD-) between Consecutive Peaks . I expect ...
🧐Today, I want to analyze Bitcoin for you in a weekly time frame so that maybe it can give us a good view of the continuation of Bitcoin's movement . 🏃♂️If you look at the chart, Bitcoin is moving in the Ascending Channel in the weekly time frame, the ascending channel I have drawn seems to be a valid channel, so that the middle line of the ascending...
It seems that Bitcoin has finally managed to break the Heavy Support zone($61,100_$58,700) as I expected in my previous Posts . According to the theory of Elliot waves , the main wave 5 in the Potential Reversal Zone(PRZ) has ended, and we should wait for corrective waves . Also, we can see Regular Divergence(RD+) between two Consecutive Valleys. I...
Bitcoin is moving in the Resistance zone($63,450_$62,100) and close to the 21_SMA(Weekly) . According to the Elliott wave theory , Bitcoin seems to be completing wave 4 . (The Maximum of wave 4 can be up to $65,080 , and the Potential Reversal Zone(PRZ) can continue.) Before the better result, let's take a look at Market Cap BTC Dominance% (BTC.D%) ...
Bitcoin is moving near the upper line of the Falling Wedge Pattern . In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in forming a Cup & Handle Pattern . ( continued pattern ) After breaking the neckline, I expect Bitcoin to rise to at least the target I've specified on the chart. Note: An important point you should always...
Bitcoin is moving in a Heavy Support zone($65,730_$64,240) . According to the theory of Elliott waves , Bitcoin seems to have succeeded in forming a Leading Diagonal . Also, we can see the Regular Divergence(RD+) between two Consecutive Valleys. I expect Bitcoin to rise to at least $67,000 after breaking the upper line of the Leading Diagonal. Note: An...
Bitcoin once again started to react strongly after entering the Resistance zone($73,800_$71,900) . Although it tried to break this zone😊. According to the Elliott wave theory , Bitcoin seems to have succeeded in completing the Main wave 5 . In the chart, we can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) (it is a Bearish sign...
Bitcoin managed to break the Support zone($66,080_$65,860)(15-minute time frame) . I expect Bitcoin to continue its decline to at least the previous low of $65,000 and likely break the Heavy Support zone($65,730_$64,240) . Note: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze (BTCUSDT), 15-minute time...
Bitcoin started to rise above the Support line after the Consumer Price Index (CPI) announcement. Currently, Bitcoin has managed to go above the Support zone($69,340_$69,000) and 100_SMA(4-hour TF) again and break the Resistance line . According to the Elliott wave theory , Bitcoin seems to have succeeded in completing wave 4, and we should wait for...
Bitcoin is moving near the Resistance zone($70,890_$70,140) . According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing the main wave 4 . So far, the main wave 4 structure is a Zigzag(ABC/5-3-5) . I expect Bitcoin to fall at least to the Support zone($69,280_$69,120) . If the support zone breaks , we can confirm the...
Bitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle . We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign ). I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart. ...