Bitcoin(
BTCUSDT) fell about -5% after tensions between Israel and Iran escalated. Unfortunately, these tensions are still escalating, but Bitcoin has managed to recover about +3% so far.
Bitcoin is moving near the Resistance zone($107,120-$105,330) and Cumulative Short Liquidation Leverage[$107,043-$105,981].
In terms of Elliott Wave theory, it seems that Bitcoin is completing a corrective wave. The corrective wave structure could be Contracting Triangle. In case of a sharp decline in Bitcoin again, we can consider these waves as five descending waves (if Bitcoin does NOT touch $106,600).
I expect Bitcoin to start declining again and at least drop to the Support zone($107,120-$105,330). The second Target could be the Support line and Cumulative Long Liquidation Leverage[$104,375-$103,162].
Note: If Bitcoin can break the Resistance zone($107,120-$105,330), we can expect further increases in Bitcoin.
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) fell about -5% after tensions between Israel and Iran escalated. Unfortunately, these tensions are still escalating, but Bitcoin has managed to recover about +3% so far.Bitcoin is moving near the Resistance zone($107,120-$105,330) and Cumulative Short Liquidation Leverage[$107,043-$105,981].
In terms of Elliott Wave theory, it seems that Bitcoin is completing a corrective wave. The corrective wave structure could be Contracting Triangle. In case of a sharp decline in Bitcoin again, we can consider these waves as five descending waves (if Bitcoin does NOT touch $106,600).
I expect Bitcoin to start declining again and at least drop to the Support zone($107,120-$105,330). The second Target could be the Support line and Cumulative Long Liquidation Leverage[$104,375-$103,162].
Note: If Bitcoin can break the Resistance zone($107,120-$105,330), we can expect further increases in Bitcoin.
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.
액티브 트레이드
It seems like Bitcoin still has a chance to fall, at least in the price range where we can get a good Risk-To-Reward.
거래청산: 스탑 닿음
With a slight difference, BTC started to fall again, but this is normal in financial markets. The best way is to stick to capital management.
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
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
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
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.