Bitcoin(
BTCUSDT) has reached the Potential Reversal Zone(PRZ)[$108,140-$106,950] as I expected in yesterday's post.
Bitcoin is trading in the Heavy Resistance zone($110,720-$105,820), Potential Reversal Zone(PRZ)[$108,140-$106,950], and near the Resistance lines.
In terms of Elliott Wave theory, it seems that Bitcoin has managed to complete the main wave 5 with the help of the Ending Diagonal. The structure of wave 5 can be different.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect Bitcoin to drop to at least $105,400.
Cumulative Short Liquidation Leverage: $107,334-$108,250
Cumulative Long Liquidation Leverage: $105,037-$103,392
Note: We could be in for a bit of excitement in the financial markets during Federal Reserve Chairman Powell's speech.
Note: Stop Loss(SL)= $109,020 = We can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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.
BTCUSDT) has reached the Potential Reversal Zone(PRZ)[$108,140-$106,950] as I expected in yesterday's post.Bitcoin is trading in the Heavy Resistance zone($110,720-$105,820), Potential Reversal Zone(PRZ)[$108,140-$106,950], and near the Resistance lines.
In terms of Elliott Wave theory, it seems that Bitcoin has managed to complete the main wave 5 with the help of the Ending Diagonal. The structure of wave 5 can be different.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect Bitcoin to drop to at least $105,400.
Cumulative Short Liquidation Leverage: $107,334-$108,250
Cumulative Long Liquidation Leverage: $105,037-$103,392
Note: We could be in for a bit of excitement in the financial markets during Federal Reserve Chairman Powell's speech.
Note: Stop Loss(SL)= $109,020 = We can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a 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.
Trade ativo
Nota
I transferred the Stop Loss(SL) to the Entry Point(EP).Nota
Probably if BTC touches $108,200 it will be able to break the Resistance lines this time = More pumpsThe first sign could be Bitcoin breaking through $107,820.
My short position is still open.
Trade fechado manualmente
Risk Free was touched at $107,820
🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.