Bitcoin seems to have completed wave 4 with a double three correction structure(WXY) on the downtrend line.
Wave 5 is expected to continue until the 🟢support zone ($26,980-$26,780)🟢(Wave 3 is extended).
But since the volume of trading is not high on Saturday and Sunday, as a result of breaking the support zone, it is a bit far from expected, although 5 downward impulse waves are approaching this zone with a slight slope, which confirms this issue.
Bitcoin Analyze ( BTCUSDT ), 15-minute 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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Wave 5 is expected to continue until the 🟢support zone ($26,980-$26,780)🟢(Wave 3 is extended).
But since the volume of trading is not high on Saturday and Sunday, as a result of breaking the support zone, it is a bit far from expected, although 5 downward impulse waves are approaching this zone with a slight slope, which confirms this issue.
Bitcoin Analyze ( BTCUSDT ), 15-minute 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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Comment:
Wave 4 is longer in terms of time, but the analysis is correct.