Bitcoin fell again to the bottom of the Rectangle pattern and the 🟢support zone($29,860-$29,420)🟢; however, considering the momentum of Bitcoin's fall, I expect the growth of these few hours to be a corrective structure.
To better view the Rectangle pattern, see the post below.👇
Bitcoin was able to complete the Zigzag correction(ABC/5-3-5) on the 🔴resistance zone($30,500-$30,370)🔴.
I expect Bitcoin to fall back to the 🟢support zone($29,860-$29,420)🟢.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
To better view the Rectangle pattern, see the post below.👇
Bitcoin was able to complete the Zigzag correction(ABC/5-3-5) on the 🔴resistance zone($30,500-$30,370)🔴.
I expect Bitcoin to fall back to the 🟢support zone($29,860-$29,420)🟢.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Note
Bitcoin seems to be completing the Fan Principle Pattern at the Top near the 🔴resistance zone($30,500-$30,370)🔴.
Note
Bitcoin seems to have formed a triangle pattern in addition to the Fan Principle at Top Pattern.
Time frame 15 min.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🎁 Free Real VIP Forex and Crypto Signals. Please visit:
🔗 t.me/ProTrader_365
🔗 t.me/ProTrader_365
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.