✅Bitcoin has managed to form a Rising Wedge Pattern near the 🔴 Resistance zone($52,820-$52,460) 🔴. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔After breaking the Support line , I expect Bitcoin to go Down to at least the 🟢 Support zone($50,840-$50,200) 🟢 in the next hour. ❗️⚠️Note⚠️❗️: An important point you should always...
👋Hi everyone. 🚀Bitcoin continued its upward trend after a series of News and Joe Biden's strange Tweet (red eyes). 🏃♂️Bitcoin is moving near the upper reaches of the 🔴 Heavy Resistance zone($53,000-$47,000) 🔴, Resistance lines , and 🟡 Potential Reversal Zone(PRZ)($52,700-$51,780) 🟡. 🌊According to the Elliott wave theory, it seems that Bitcoin has...
🏃♂️Bitcoin is moving in the 🟡 Potential Reversal Zone(PRZ)($50,100-$47,000) 🟡. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🌊According to the theory of Elliott waves , five impulse waves have been completed in 🟡 Potential Reversal Zone(PRZ)($50,100-$47,000) 🟡. 🔔I expect Bitcoin to fall at least to the Uptrend line , and if...
🏃♂️After breaking the 🔴 Resistance zone($44,700-$41,780) 🔴, Bitcoin has reached the top of the Ascending Channel with the help of the Symmetrical Triangle Pattern . 🏃♂️Bitcoin is also currently moving near the 🟡 Potential Reversal Zone(PRZ)($50,100-$47,000) 🟡. 🌊In terms of Elliott wave theory , Bitcoin seems to be. It has completed wave 3 at the top of...
The Bitcoin market cycle can be easily predicted by studying historical data. Whenever you seek an idea of where the market is heading, you can always look at the past to gauge the future. However, this doesn't guarantee that the predictions stated here will unfold exactly as described; it's a PREDICTION, not a fact. Let's examine the chart displayed here. 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 ...
🏃♂️Bitcoin is moving in an Ascending channel with a low slope of 4 days . 🏃♂️Bitcoin is moving in the 🔴 Resistance Zone($43,720-$43,100) 🔴 and near the upper line of the Ascending channel . 🔔I expect Bitcoin to move to the lower line of the ascending channel again and possibly break this channel. ❗️⚠️Note⚠️❗️: An important point you should always...
✅Bitcoin started to pump after the approval of ETFs by the SEC , but the technical analysis zones are still working, and I showed you all the movements of Bitcoin in the previous post . 🏃♂️Currently, Bitcoin is still moving in the 🔴Heavy Resistance Zone($52,100-$45,800)🔴 and the bottom of the ascending channel , but I expect Bitcoin to make another temporary...
👋Hi, everyone. 🌐Today, I want to explain to you the possible scenarios for Bitcoin; during the last week and the beginning of the new year 2024 , Bitcoin has been affected by the News , and we have seen Pumps and even Dumps , so before the SEC decision In the case of Bitcoin ETFs , it is better to trade a little more carefully . That's why I didn't...
🏃♂️Bitcoin is moving near the 🔴 Resistance zone($44,800-$44,160) 🔴 and Inside the Ascending Channel . 🌊According to Elliot's wave theory , wave 3 ended near 50_SMA(Daily) , and now we have to wait for the confirmation of the end of wave 4 . 🌊It seems that the structure of wave 4 is the Double Three Correction(WXY) . 🌊With a lower line of ascending...
🥳 Congratulate to everyone on the year 2️⃣0️⃣2️⃣4️⃣. 🙏I hope the new year is full of good things for you , your family , and your friends . 💸My wish for you is health first , success in business and personal life in the next step, and a pocket/wallet full of dollars . 🚀Bitcoin made good growth at the start of the New year(2024) , and one of the...
✅Bitcoin reacted well to 🟡 Price Reversal Zone(PRZ) 🟡, as I had expected in the previous post . 🔨Currently, Bitcoin has managed to break the Resistance lines and is completing a pullback to these lines. 🏃♂️Also, Bitcoin seems to be moving in an ascending channel , and inside this ascending channel , the Three Rising Valleys Pattern can be seen...
🚀Bitcoin started to rise near the 🟡 Price Reversal Zone(PRZ) 🟡. 🌊In terms of Elliott waves , a Zigzag(ABC/5-3-5) Correction in the 🟡 Price Reversal Zone(PRZ) 🟡 appears to have been completed . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect Bitcoin to go UP to at least the 🎯 First Target 🎯 I marked on the chart...
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($43,500_$42,800) 🔴 and near the Resistance line and inside the Ascending Channel . 🌊According to the theory of Elliott waves , Bitcoin seems to be completing a Zigzag(ABC/5-3-5) correction in the ascending channel so that wave A has an Expanding Leading Diagonal . 💡Also, Bitcoin has managed to form a 🦀...
🏃♂️After failing to break the Support line , Bitcoin started to rise and is currently moving in the 🟢 Support zone($42,780-$42,280) 🟢. 🌊In terms of Elliott waves , Bitcoin seems to be completing microwave 4 . 🌊The structure of microwave 4 is Double Three Correction(WXY) . 🔔I expect Bitcoin to rise to the upper areas of the 🔴 Resistance...
👋Hi, I hope you have a great weekend. 📚It is better to know that candles are considered as passports for charts. Candles alone or together ( candlestick patterns ) can convey concepts to us that help us identify price trends, and these patterns are in higher time frames , more volume and closer to standard patterns , the more valid they will...