Long project with huge gains
( Spot & Futures ) Low lev 3X to 5X
entry 0.4300 to 0.03526
Stop loss (19.13%) 0.3094
take profit near (120.19%)
tp and targets are mentioned on chart
Bitcoin is likely to start the next uptrend
According to the wave count, it is concluded that both in terms of Elliott waves, the correction is complete, and in terms of harmonic patterns, we have reached the end of wave C, and bitcoin will start to grow, and the first possible target will be $ 21,200. .
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If the price exceeds the level specified in the chart, one of the best buying opportunities arises that we can definitely enter after re-testing
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OtanaTA ( Hamid Mojarad )
As you can see in the chart, Bitcoin completes its C-wave of ABC Correction at the specified level of about $ 18,100.
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Until next time!
Cheers,
OtanaTA ( Hamid Mojarad )
Bitcoin launches a short-term uptrend
According to harmonic patterns, Bitcoin is completing the Wave CD of AB=CD pattern.
According to this scenario, Bitcoin will rise to the price of $ 21,700, and if it is confirmed and Pivot again, it will complete its Bearish harmonic pattern and the price will have a medium-term downtrend.
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Bitcoin will continue to rise but is currently completing its correction
For this reason, and based on the trend line and the ABC correction and the marked targets, the best points for completing the correction and starting the ascending process are again marked in the image.
Also, all the levels identified near the important support and resistance levels , which...
What will be the future of bitcoin prices?
Hello to all friends
As you can see, in the long run we can analyze bitcoin like this and this analysis will be one of the most valid analyzes for bitcoin.
Given the price channel, as well as the Elliott wave pattern, Bitcoin has most likely completed its Wave 3 and started completing its Correction Wave 4.
Given the...
Hi to all firends
Bitcoin will be up in 1 hour - the reasons for this up are clear in the chart
Reasons for Bitcoin to rise in one hour:
1- Forming a candle pin bar pattern
2- Formation of strong divergence
3- Channel Breakout and its retest
The next possible price for Bitcoin is $ 14,200
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If...
Hello to all friends
As you can see, Bitcoin has formed a cup pattern in the daily time frame.
According to some world celebrities, bitcoin will reach close to $ 20,000 in 2021 - according to this model, we can trust their predictions more.
The final price in this analysis could reach close to $ 19,000
But before you start climbing, to test the edge of the cup...
Following the rise of Bitcoin, traders should pay attention to a few important points:
1- Forming a descending wedge pattern in the 8-hour bitcoin time frame
2- At the moment when the price hits the edge of the pattern, there is a relatively valid resistance that prevents the price from rising
3- Stochastic has formed a Bearish divergence
4- Forming a pinbar...
as you see
A cup pattern is made
The next Target can be there ( shown on the chart )
You can place your Buy order as soon as the edge of the cup is crossed and tested again
If you liked this analysis, let me know by dropping that like button!
If you have any questions, ask me here !
Until next time!
Cheers,
OtanaTA ( Hamid Mojarad )
