Bitcoin is Ready to Attack to Resistance zone==>>Short term

10 thg 9

Bitcoin is currently moving in the Resistance zone($55,720-$54,550).

According to the Elliott wave theory, Bitcoin seems to have completed main wave 4 with the Double Three Correction(WXY).

Also, in terms of Classic Technical Analysis, Bitcoin is moving in a Symmetrical Triangle on the 15-minute time frame. The symmetrical triangle is the Continuation Pattern.

I expect Bitcoin to break the Resistance zone($55,720-$54,550) in the coming hours after breaking the Upper line of the Symmetrical triangle.

If you want to know more about Bitcoin, please look at the below post:

Note: If Bitcoin breaks the uptrend line, we can expect more dumps.

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

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

10 thg 9

Giao dịch đang hoạt động

BTC broke the upper line of the Symmetrical Triangle.

11 thg 9

Giao dịch được đóng thủ công

I did RISK FREE this position.