If you want to know more about my bitcoin road map that I shared with you today, look at the below post as well. 😉👇 Bitcoin is moving in a descending channel on the 1-hour time frame. If we want to look at Bitcoin in the one-hour time frame from the perspective of the Elliot wave theory, Bitcoin is near the upper line of the descending channel, and at the...
Bitcoin seems to be forming a descending channel, and to complete this channel; it needs to complete its zigzag(ABC/5-3-5) correction. As a result, I expect microwave B of this zigzag correction to end on the middle line of the descending channel and Fibonacci levels, and then Bitcoin will start to rise to the PRZ(Price Reversal Zone). ❗️ Note ❗️: if Bitcoin...
Bitcoin was able to make a rectangle pattern after breaking the uptrend line. To form a rectangle pattern, it is enough to find two pivots on the top and two pivots on the bottom, and it is better that these pivots are aligned. In my opinion, Bitcoin can break the lower line of the rectangle pattern and fall to the support zone( More possible ), although it is...
Bitcoin seems to have responded to yesterday's bearish move with a mirror movement. This mirror movement ends in the 🔴PRZ(Price Reversal Zone)🔴. Also, in PRZ, Bitcoin has to 👊fight 👊with Psychological Resistance Level(Round Number). Since Bitcoin has been able to break the uptrend line, I expect Bitcoin to fall again. ❗️ Note ❗️: if Bitcoin goes over $25340,...
Bitcoin managed to form a Bearish 🦀Deep Crab🦀Harmonic Pattern in the resistance zone and PRZ(Price Reversal Zone), while point D of this pattern is formed in TRZ. Also, the break of the upper line of the ascending channel was fake (bull trap). As a result, I expect Bitcoin to fail to break the resistance zone to the upside and start falling. ❗️ Note ❗️: if...
Bitcoin was bullish today, but I don't think it will continue this trend; one of the most important reasons for me is the wave structures, which I don't mention in this post. Another reason is the possibility of forming a Bump-and-Run Reversal Top Pattern. The Bump-and-Run Reversal Top Pattern forms when, after a gentle upward trend, a more aggressive one...
Good News is that the start of the recent trend is based on retesting the 15 months old bearish trend line which was broken sooner. BTC went up 18% in about 71 hours and then rejected from the 6 Months old resistance and came down 7% in 8 hours. Fibonacci levels are interesting to notice. Good news is that there is a bullish trend line acted as support each time...
It seems that Bitcoin was able to complete microwave 4 of microwave 5 of main wave 5 near the heavy support zone. I expect Bitcoin will continue its growth to around $25780 or maybe more. ❗️Note❗️: My posts are NOT financial advice in any way. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every...
Bitcoin has confirmed the end of its main wave 4, by to the growth it had the previous day. I expect Bitcoin to start growing again after returning to the broken resistance zone and complete its main wave 5. You can see Bitcoin's daily and weekly analysis from the links in the chart. Bitcoin Analyze ( BTCUSDT ), Bitcoin Analyze ( BTCUSDT ), 4-hour time...
I hope you have followed my posts and swept the market😎 💵dollars💵😎. Although my posts are NOT financial advice in any way. It seems that after Bitcoin went through a bull trap, it completed microwave 4 of wave C and is currently on the way to completing microwave or, rather, completing wave C. The structure of microwave 5 of main wave C can be an Ending...
After breaking the important downward trend line, Bitcoin seems to have passed the main corrective wave A and is on the way to completing the main corrective wave B. If you are curious about the structure of the main wave A, I suggest you take a look at the following post.👇 If you pay attention to the microwaves on the daily time frame, you will notice that...
It seems that Bitcoin has created the 🏁Bearish Flag Pattern🏁 between heavy resistance and support zones; the shooting star reversal pattern can be a good sign for the beginning of the downward trend in the coming hours. I expect Bitcoin to decline to at least the support zone. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss...
Today's analysis continues the previous analysis about Bitcoin that I shared for you in the 1-hour time frame. I suggest you spend a few seconds on the previous post.👇 As you can see in the chart, Bitcoin is moving in the heavy support zone and PRZ(Price Reversal Zone); at the same time, it seems to be completing wave 4 with a zigzag(ABC) correction. I expect...
Hi everyone👋 If you have been following me, most likely some of today's chart is familiar to you 😊. Over the past month, I have tried to share with you most of the major movements of Bitcoin in the 15-minute time frame. I hope these analyses have helped you make a profit, although my analyses are not financial advice. Let's go back to today's chart: After...
BTC has found support at a key level but from a fibonacci standpoint, it looks like we're in the middle of two important zones at the 23.6 and the 38.2. What does this mean? We're looking like a pivot for a few days is among us and support is likely to be found at the $20800 area which is where the 38.2 is and where I expect this larger degree wave 4 to...
My son asked me to publish this. he said Dad my drawing is so good, better than yours please publish this papa. so I just publish this for him
Here is my latest structure analysis for Bitcoin: Resistance 1: 22300 - 22700 area Resistance 2: 24200 - 25400 area Support 1: 21200 - 21600 area Support 2: 20350 - 20700 area Support 3: 17800 - 18400 area The market has finally started a correctional movement. Watch carefully a reaction of the price to Support 1, its bearish breakout may push the price...
Today, I want to share Bitcoin analysis by one of the classic technical patterns. It seems that Bitcoin is running in a symmetrical triangle. I expect Bitcoin to go up after breaking(valid) the upper line of the symmetrical triangle. Also, Bitcoin was able to make a fake break. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop...