Hi everyone.👋 Because Bitcoin grew by more than 😱20%😱 in the last 24 hours. I decided to update the roadmap I shared with you on Feb 26.👇 Better first, let's take a look at the fundamental reason for Bitcoin's rise: Fundamental : Why are Bitcoin and Crypto Prices Rising❗️❓ After the recent collapse of Silicon Valley bank and the domino effect falling upon...
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 in the 12-hour time frame, you will notice that...
Hi everyone.👋 Today I want to share with you a complete analysis of Bitcoin. When we talk about the complete analysis, then we have to deal with the fundamental analysis of Bitcoin in addition to the technical analysis. ...
Bitcoin is running near the Price Reversal Zone(PRZ). It seems Bitcoin was able to complete last microwave C on PRZ. I expect Bitcoin will go down after breaking the support line to Important support line(Weekly TF). Also, Bitcoin can make another contracting triangle by previous waves. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put...
Bitcoin is running near important downtrend line (Weekly TF) and 200 day Simple Moving Average {200_SMA200(Daily). Also, Bitcoin was able to make and Expanding Ending Diagonal. I expect Bitcoin will go up at least to 🔴resistance zone($20500-$20390)🔴. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For...
Bitcoin has been moving in a descending channel for several days. It seems that Bitcoin has formed a descending scallop pattern to break the support line. I expect Bitcoin to fall to the 🟢support zone($21600-$20940)🟢 and the lower line of the descending channel after breaking the neckline. ❗️Note❗️: We must wait to break the neckline to verify the descending...
Bitcoin is moving in a main descending channel in the 4-hour time frame, and as I expected, the descending Scallop pattern worked well.👇✅ But if you look a little more at the Bitcoin chart in the 1-hour time frame, you will notice that Bitcoin was able to create a smaller descending channel inside the main descending channel. I expect Bitcoin to break out of...
Bitcoin seems moving in a descending channel and is currently near the support line. I expect the support line to be broken and Bitcoin to reach the 🟢support zone($21600-$20940)🟢, the lower line of descending channel, and start to grow from the TRZ (at least to the support line is broken). You may ask why I say that Bitcoin can break the support...
Bitcoin is running near the zone and support line. I expect Bitcoin to start rallying to the resistance line and, from there, to a resistance zone or back to the support zone again. 🔥More possible🔥: Bitcoin is likely to break the resistance line and move toward the resistance zone. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop...
Bitcoin was able to break the uptrend line by a breakout candle. I expect Bitcoin to fall to my targets that I specified in my chart. Bitcoin Analyze ( 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...
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...
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...