pejman_zwin

Bitcoin Crash from 🟡Price Reversal Zone(PRZ)🟡⏰(1-Hour)⏰

Short
pejman_zwin Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
🚶‍♂️Bitcoin is moving in the 🟡Price Reversal Zone(PRZ)🟡 and near the Resistance line and 50-SMA(Daily).

🌊According to Elliott Wave Theory, Bitcoin seems to be completing a Double Three Correction(WXY).

🔔I expect Microwave C of Wave Y to complete at 🟡Price Reversal Zone(PRZ)🟡 and Bitcoin to fall to at least the Support Line.
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🌐➕Positive News➕🌐:

No Change In Rates Expected At Fed’s September Meeting.

Record surge as Bitcoin micro investors reach all-time high.

‘Rich Dad’ R. Kiyosaki slams fiat money ‘FAKE’, says ‘crypto is the future’.

Bitcoin (BTC) Surpasses Visa Transaction Volume.

🌐➖Negative News➖🌐:

SEC Accuses Binance US of ‘Numerous Discovery Failures’ in Court Filing.

DeFi exchange volume down 15% on a monthly basis amid UNI, CRV price crash – VanEck
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Bitcoin Analyze ( BTCUSDT ), 1-hour 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.

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Trade active
Comment:
✅Running well, ✅
Trade closed: target reached:
First Taregt
Comment:
The 🟡Price Reversal Zone(PRZ)🟡 works well.
Comment:
The bearish scenario is still valid, but maybe Bitcoin will go higher than the 🟡Price Reversal Zone(PRZ)🟡.
Trade closed: target reached
Comment:
We can expect Bitcoin to rise to the important resistance line. (We have to wait for today's FED meeting)
Comment:
Bitcoin was able to touch the support line,(but it had a long story) :))

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