Bitcoin is Ready to fill CME Gap!!!

3 ngày trước

Bitcoin(BTCUSDT)is approaching the Resistance zone($105,560-$104,940), Downtrend line, and Cumulative Short Liquidation Leverage($105,654-$104,709).

According to Elliott's wave theory, Bitcoin seems to be completing wave 4. Probably wave 4 will end in the Resistance zone($105,560-$104,940).

I expect Bitcoin to go towards filling the CME Gap($103,325-$101,840) AFTER breaking the Support line.

⚠️Note: US indices (Federal Funds Rate, FOMC Economic Projections, FOMC Statement) can affect the trend of Bitcoin; the possibility that the market will get excited when the indices are announced is very high.⚠️


⚠️Note: If Bitcoin breaks the Resistance zone($105,560-$104,940), we can expect Bitcoin to rise further, especially if Bitcoin touches $106,200.⚠️

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Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.

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3 ngày trước

Ghi chú

Also, USDT.D% has managed to break the resistance line, and there is a possibility of a return from the Potential Reversal Zone(PRZ)[3.89%-3.87%], which can cause Bitcoin to fall

Hôm kia

Giao dịch đang hoạt động

Trade was activated after breaking the support line.

Hôm kia

Đóng lệnh: đạt mục tiêu

Target Done, BTC was able to fill CME Gap as I expected yesterday.