Today, I want to share a short-term analysis of Bitcoin(
BTCUSDT) with you on the 15-minute timeframe. Bitcoin has been moving in a range over the past few days, so maybe some traders are getting a bit tired of it.
Currently, Bitcoin is moving near a Potential Reversal Zone(PRZ)[$81,480-$81,250] and a Cumulative Short Liquidation Leverage($81,970-$81,320).
From an Elliott Wave perspective, it seems Bitcoin has completed a Zigzag Correction(ABC/5-3-5).
I expect that after breaking the support lines, Bitcoin will at least attack the support zone($80,800-$80,380), and there’s a possibility that support could break during that move.
Cumulative Long Liquidation Leverage: $79,780-$79,120
CME gap: $84,560-$83,215
CME gap: $78,545-$78,220
What’s your view on Bitcoin? Can it break the support zone($80,800-$80,380), or not?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 15-minute time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
BTCUSDT) with you on the 15-minute timeframe. Bitcoin has been moving in a range over the past few days, so maybe some traders are getting a bit tired of it.Currently, Bitcoin is moving near a Potential Reversal Zone(PRZ)[$81,480-$81,250] and a Cumulative Short Liquidation Leverage($81,970-$81,320).
From an Elliott Wave perspective, it seems Bitcoin has completed a Zigzag Correction(ABC/5-3-5).
I expect that after breaking the support lines, Bitcoin will at least attack the support zone($80,800-$80,380), and there’s a possibility that support could break during that move.
Cumulative Long Liquidation Leverage: $79,780-$79,120
CME gap: $84,560-$83,215
CME gap: $78,545-$78,220
What’s your view on Bitcoin? Can it break the support zone($80,800-$80,380), or not?
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 15-minute time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
Transaction en cours
Trade was activated in Potential Reversal Zone(PRZ)[$81,480-$81,250]Trade fermée: cible de profit atteinte
Full Target Done
ProTrader365 | Crypto & Forex Analyst
8+ Years Experience • Elliott Wave • Volume & Order Flow
Free Signals, Market Analysis & Education
Explore our community & VIP services:
linktr.ee/ProTrader365
8+ Years Experience • Elliott Wave • Volume & Order Flow
Free Signals, Market Analysis & Education
Explore our community & VIP services:
linktr.ee/ProTrader365
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
ProTrader365 | Crypto & Forex Analyst
8+ Years Experience • Elliott Wave • Volume & Order Flow
Free Signals, Market Analysis & Education
Explore our community & VIP services:
linktr.ee/ProTrader365
8+ Years Experience • Elliott Wave • Volume & Order Flow
Free Signals, Market Analysis & Education
Explore our community & VIP services:
linktr.ee/ProTrader365
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.