🎉Hi guys, I hope that you have a great weekend . 🏃♂️Bitcoin is moving near the 🟢 Support zone($63,370-$62,790) 🟢. Also, Bitcoin managed to break the Resistance lines and is currently completing the pullback . 🌊According to Elliott's wave theory , Bitcoin seems to have completed wave 3 and is currently completing wave 4 . 🔔I expect Bitcoin to rise to at...
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($65,700-$64,500) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 4 in the 15-minute time frame . 🔔I expect Bitcoin to Drop again and break the 🟢 Support zone($63,370-$62,790) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and...
#Bitcoin : A close below this key Moving Average (MA) level will officially signal the start of a bearish rally. Thus far, the price has shown remarkable resilience, holding its ground admirably. Keep a vigilant watch. #Crypto #BTCUSD
🏃♂️Bitcoin is moving near the Resistance line , 50_SMA(Daily) , and slightly above the 🔴 Resistance zone($66,050-$64,520) 🔴. 🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Double Three Correction(WXY) . 📈From the point of view of Classical Technical Analysis , it seems that Bitcoin has managed to form a ...
Everything I wrote in my previous TV idea still applies. Understanding Bitcoin's reaccumulation schematic, which I believe is currently in play, can provide us with valuable insights and potentially profitable opportunities as it resolves to the upside. However, there are a few factors to consider: 1. Assuming this is reaccumulation, will we see a sweep of the...
🧠Graphically, we started a decline after breaking below the lower edge of the rising wedge. ➡️From a structural point of view, we started to fall after building a double top structure near the resistance zone. At present, the goal of this structure has been achieved, and there is an expectation of rebound.📈 ➡️From the perspective of wave theory, we have...
🧠We are currently in a phased resistance zone. If you have a long order in the buy zone, you can lock in the main profit when the profit is sufficient, and then look forward to more in a low-risk way. ➡️If you don’t have any orders, it is not recommended that you chase the rise now because the profit-loss ratio is not good. Please be patient and wait for the...
🧠 Judging from the monthly cycle , the overall trend is bullish, so we are mainly bullish. The ideal target can reach 134.8k-175.5k. The heaviest periodic resistance area in the near future is 87k-95k. The price will be more likely to make a major level adjustment when it reaches here. It is also the best short-selling area. If the development goes as expected, it...
🔥 Bitcoin Halving 2024 is less than 10 hours away. 💡Before the Halving 2024 , Bitcoin seemed to have experienced an increase due to this happening . 🏃♂️Bitcoin managed to break the Resistance lines/Downtrend line and is currently moving in the 🔴 Resistance zone($66,050-$64,520) 🔴. 🌊In terms of Elliott wave theory , Bitcoin seems to have completed wave...
🧠From a structural point of view, a classic cup-and-handle structure is formed here. We will continue to rise according to this structure. For phased resistance, we need to pay attention to the neckline at the monthly level. ➡️From the perspective of wave theory, breaking through the turning point (wave 4) means the end of the main downward wave, and the...
This is #BTC 4H chart. If the movement make breakdown the BOX pattern's under line, It can rebound at the RED lines
🧠Yesterday saw a strong rally and a break above the uptrend resistance line, which is a very bullish sign. Therefore, when the profit from the short orders we hold is sufficient, we will choose to reduce and close the positions.💰 ➡️From the perspective of wave theory, we have broken through the turning point, which means that wave 5 is over. ➡️So if there is a...
This is Outlook BTC IN 1 hour Not Financial Advice! DYOR!
🧠We did not continue downward after falling below the previous low, but instead experienced a strong rebound. From the perspective of wave theory, the cycle of the wave has changed, indicating that Wave 5 may have ended. ➡️From a graphical perspective, if you want to continue to fall, you need to form a descending triangle here, otherwise it will be difficult to...
Background: 1. Since February 2023, Bitcoin has been trading in a range. The range high is 73.8K, and the range low is 59.6 K. 2. In real time, It is difficult to determine whether the schematic in play is a reaccumulation or a distribution schematic. To answer this question conclusively, we must wait for the breakdown below or the breakout above the range. ...
The $59000-$61.000 range is a very good entry area before halving, but this price depends on Bitcoin Price Action (BTC) and depending on news from the war taking place in the Middle East. Here are some factors to consider: 1. BTC price action: Keep an eye on BTC price action. If BTC starts to drop, then MANTA is likely to follow. 2. Volume: Look for increased...
Hey guys, we have tested 64200 and turned back with sell power and small buy volume. I think it was fake out and bull trap, i expected to see hard move down first to 61500, than one more leg down to 59600. Its not financial recommendation, just my personal opinion , whats yours ideas guys?
💡Bitcoin started to rise after the Spot Bitcoin And Ethereum ETFs were Approved In Hong Kong but failed to break the 🔴 Resistance zone($66,100-$64,500) 🔴and created a Bull Trap . 🌊According to the theory of Elliott waves , Bitcoin seems to have completed 5 downtrend waves in the 15-minute time frame . 💡Also, we can see Regular Divergence(RD+) between ...