Bitcoin will crash by Bearish Harmonic AB=CD pattern🧨Short term
After failing to break the resistance zone reliably, Bitcoin fell back below the 🔴resistance zone($ 29,030-$ 28,880)🔴.
According to the theory of Elliott waves, the increase in these few days of Bitcoin was in the form of a Zigzag correction(ABC/5-3-5), which also formed a standard Bearish AB=CD Harmonic pattern.
I expect Bitcoin to fall after breaking the support line, at least as far as the 🎯targets🎯 I specified on the chart.
Bitcoin Analyze ( OKX: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.
According to the theory of Elliott waves, the increase in these few days of Bitcoin was in the form of a Zigzag correction(ABC/5-3-5), which also formed a standard Bearish AB=CD Harmonic pattern.
I expect Bitcoin to fall after breaking the support line, at least as far as the 🎯targets🎯 I specified on the chart.
Bitcoin Analyze ( OKX: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.
Trade active
Comment:
🔄New update🔄: The correction structure was changed to Triple Three Correction(WXYXZ).
🔄New update🔄: The correction structure was changed to Triple Three Correction(WXYXZ).
Comment:
Finally, Bitcoin reached its goals.
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Bearish Pennant Pattern @ TF=15min