🏃♂️Bitcoin is moving near the 🔴 Heavy Resistance Zone($44,700-$41,780) 🔴, the Resistance line and Support line . 🌊According to Elliott's wave theory , Bitcoin seems to have completed five impulsive waves . ✅Bitcoin broke the Uptrend line . 🔔I expect Bitcoin to Fall to the 🟢 Heavy Support zone($42,250-$41,500) 🟢soon. ❗️⚠️Note⚠️❗️: An important point...
➡️My expectations for the rise have not changed, because there is a very nice wolf wave here. But the order we set was not triggered, which is a pity.🤯 ➡️But the good news is that the market is developing as expected.✔️ 🧠The contradiction here is that yesterday's rise did not break the short defensive point. Instead, there was a sharp correction and a large...
👋Hi, I hope you had a great weekend. ✅ As I expected , Bitcoin started to rally from 🟢Heavy Support zone($39,000-$37,000)🟢 . 🏃♂️Bitcoin is moving in the 🔴 Resistance Zone($44,700-$41,780) 🔴. 📈Regarding Classic Technical Analysis , it seems Bitcoin has successfully formed a Ascending Broadening Wedge Pattern . 🌊According to the theory of Elliott waves ,...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) A new candle has been created. The 42283.58 point is an important point and forms the volume profile section. Accordingly, the key is whether it can receive support around 42283.58...
The price of Bitcoin has historically exhibited an upward trend following each halving event. This phenomenon stems from a combination of factors, including a reduced supply of newly minted bitcoins, increased demand driven by scarcity, positive market sentiment surrounding the halving, and speculative buying fueled by anticipation of future price...
Throughout 2023, the BTCUSDT price moved up the channel skillfully. And in early 2024, when BTC ETFs were finally accepted, the price of BTCUSD hit the top of the channel around $49000 and began its corrective movement. Let's be honest, the correction of Bitcoin's price growth has been asking for a long time, now the only question is when it will end ?! Write...
It is important to check whether the current rebound will lead to a trend or end in a rebound. By looking at the idea content and follower volatility, you can tell whether followers used excessive leverage. Please refrain from high leverage. Even if you trade with low leverage, you can still make a lot of money. If you plan to use high leverage, I recommend unfollowing.
Since BTC is 45K we did add the possibility that BTC can show a decrease to the 40K zone and below depending on this update. This is not a day update, since day updates can change with the small time frame. We see that the least volume is not a confirmed volume for the breakdown trend which means that the bulls can get more power to increase the trend back...
💥Yesterday we entered the market to go long after the contradiction point was broken. I also published the detailed trading strategy. I am very happy that the market developed as expected. We successfully reached TP zone 1, and at the same time, everyone locked in 80 % profit, the rate of return has also reached 500%+. Congratulations to all the friends who...
#Bitcoin: Broke the red resistance zone; looks like a clean break. My previous charts have been proven wrong; a close below $40,222 was supposed to trigger a bearish rally to the $32-$35k zone; instead, we bounced around $38,555 and closed back inside the channel with a close above $42,031 in the weekly, confirming a reversal in the short term. Though the...
💥All the short orders we set up according to the double-top short structure yesterday have taken profit. If you have shorted according to this trading strategy, please set it up in time without risk. If you think the profit is enough, you can reduce your holdings and then look forward to more. Just decide based on your own risk appetite. At the same time,...
Bitcoin edged higher over the weekend, briefly reentering the upward-sloping channel. At the same time, the number of Bitcoin addresses with balances exceeding 100 BTC and 1,000 BTC increased, suggesting big speculators might not be satisfied with the price yet to unload their newly acquired tokens during the dip. Therefore, our focus is on the lower bound of the...
👋Hi, everyone. 📈Today, I want to analyze Bitcoin for you in a daily time frame so that we can have a short-term view of Bitcoin regarding the technical analysis . (Please 🌹🙏 respectfully🙏🌹 share if you have a different opinion from me or other analysts). ✅As I expected, Bitcoin started declining from 🟡 Potential Reversal Zone(PRZ) 🟡 after the SEC approval...
🧐Bitcoin seems NOT to have decided to fill the 🔵 CME Gap($40,325-$39,290) 🔵 at the moment and will probably fill this gap in the next drop . 🌊From the theory of Elliott waves , it seems that Bitcoin has completed 5 downward waves , and we should wait for corrective waves . 💡Also, we can see Regular Divergence(RD+) between Consecutive Valleys . 🔔I...
↘️After the SEC approved the Bitcoin ETFs , we saw that Bitcoin has lost more than ➖16% of its value so far ( Buy the Rumor, Sell the News ). ✅As I shared in previous posts , Bitcoin started falling from 🔴 Heavy Resistance Zone($52,100-$45,800) 🔴 as I shared with you. 🌊According to the theory of Elliott waves , Bitcoin went through wave 5 with the ...
TRADE ALERT!BTC Ticker: BTC/USDT Entry: 42,000-42,600 Take Profit: 44,500-46,000 Stop Loss: 38,678 Risk to reward: 1:2 Technical Thesis: Bitcoin / USDT In 4 hour time Frame showing inverse head and shoulder pattern which is a (bullish) pattern. Price broke neckline and is moving up.
🔥The market successfully reached the ideal TP zone as expected. We locked in 50% of the profit from the original trading strategy and strictly implemented the trading strategy. The yield increased to 1158%. Congratulations to the friends who followed Wolf King to print money.💰🍻 🧠From the daily level, the current overall direction shows a bullish trend, which is a...