🚨 Dont Long The Resistance

🎯 Finally ETF Accepted But We Didn’t See a Crazy Move In a Market

👉 Currently The Main Structure I See At The Chart Is a Ending Diagonal And Also Wave B PRZ Formed At The 48k That We Have a Two Shadow Below This Area ,Moving To The Bottom of The Channel Is a Next Thing I Expect For The BTC, Then Breakdown The Trend Line Toward a 38k Area As a Main Target

📥 Technically We Are At The Top Area So I Don’t Suggest To Open Any Long Position In Here

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📥 Yesterday We Had a One More Hit To The 48k PRZ And Shadow To The 49k But Nothing Changed About My Plan

👉 Still Clear Ending Diagonal Is On The Chart And Currently 45500$ Is a Important Support That I Expect The Price Will Breakdown This Level Toward a 43k As a Next Target Soon

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✅ As I Expected At The Previous Update The Bitcoin Price Breakdown The 45500$ Support Level And Hit 43k Trend Line

👉 43k Is a Important Level For The Bitcoin And I Expect The Price Will Breakdown This Level Toward a 38k Zone As a Next Target

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🎯 Currently The BITCOIN Price Sitting Above The Ending Diagonal Trend Line And I Expect Breakdown Toward a 38k Area As a Next Stop

❗️ I Suggest You Don’t Long Any Thing In Here

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👉 By Elliot View W3 Completed At 41500$ And Currently The Price Playing At The W4 And The Main PRZ For This Wave Is 44300$

❗️ Totally I Don’t Suggest To Enter Any Long Position Because The Price Could Break The Trend Before Reaching PRZ

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👉 Seems Wave 4 Formation Is ABCDE So The Price Could Breakout The 42500$ Trend Line Before Reaching 44300$ PRZ

❗️ I Repeat It One More Time ,DONT ENTER ANY LONG IN HERE

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👉 Last Night The Price Hit The Trend Line And Bounced From It By The Strong Green Candle And For Me It’s a Sign Small Bullish Move Toward a 44200$ Area As a W4 Pivot Before Reaching 38k

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Finally The Price Breakout From a trend Line And The Main Target Is 44200$ As I Mentioned At The Previous Update
If You Enter Long Position Don’t Forget To Put the Stop loss At the Entry Point

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👉 There Is a Clear Resistance At 43300$ Area And As I Mentioned At The Previous Update Legup To The 44300$ Is Possible Before Reaching 38k, But I Don’t Suggest To Try To Catch This Legup Because Sell pressure Is High At The Market And We Could Have a Straight Down Toward a 38k

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👉 Still The Price Playing At The Range ,44200$ Is Still Possible Before Reaching 38k But Now We Have a Lower Chance To Visit 44200$ And Its More Likely We Will See 38k Directly

❗️ As I Mentioned Before I Prefer To Stay Away From The Market In This Range

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✅ Finally The Price Breakout The Trend Line As I Waited For It ,Now The Main Question Is What’s Is The Target For This Bear Rally

👉 By Elliot View Currently The Price Playing At The W4 From W5 ,And The PRZ For This Wave Is a Place Between 40k To 38500$

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👉 We Have a Clear Breakdown From The Trend Line And Currently The BTC Price Pullback Below 42k Important Resistance Area ,Still I Expect 40k To 38500$ As a Next Target And Didn’t Saw Any Reversal Pattern Yet

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✅ Finally The Price Reached 38k Area Support as I Expected From 48k Top

📥 What’s The Next Plan ?! at Next Update You Will Understand ,New Update Come In Next Hours ,Stay Tune

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