Bitcoin(
BTCUSDT) moved as I expected in my previous idea (Long and Short positions hit their targets).
Bitcoin is currently moving near the Resistance zone($114,820-$113,170), Resistance line, and the Monthly Pivot Point, and seems to have failed to break 100_EMA(Daily).
In terms of Elliott Wave theory, Bitcoin completed wave 5 as I expected by attacking 100_EMA(Daily) and Heavy Support zone($112,000-$105,800), and we can expect more bullish waves.
I expect Bitcoin to break the Resistance line in the coming hours and attack the Resistance zone ($114,820-$113,170) and the Cumulative Short Liquidation Leverage ($114,334-$113,400).
Cumulative Long Liquidation Leverage: $110,950-$110,350
Note: If Bitcoin goes above $115,000, we should expect Bitcoin to rise again.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analysis (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.
Bitcoin is currently moving near the Resistance zone($114,820-$113,170), Resistance line, and the Monthly Pivot Point, and seems to have failed to break 100_EMA(Daily).
In terms of Elliott Wave theory, Bitcoin completed wave 5 as I expected by attacking 100_EMA(Daily) and Heavy Support zone($112,000-$105,800), and we can expect more bullish waves.
I expect Bitcoin to break the Resistance line in the coming hours and attack the Resistance zone ($114,820-$113,170) and the Cumulative Short Liquidation Leverage ($114,334-$113,400).
Cumulative Long Liquidation Leverage: $110,950-$110,350
Note: If Bitcoin goes above $115,000, we should expect Bitcoin to rise again.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analysis (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 attivo
Trade was activated after breaking the resistance lineTrade chiuso manualmente
Risk FreeMy Take-Profit was set at $114,081, but Bitcoin missed it by a small difference (which is normal in financial markets). I did a Risk-Free my Long position.
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🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:
🤖 t.me/Protrader365bot
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🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
🤖 t.me/Protrader365bot
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🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
