Hi everyone, Today I want to talk about Bitcoin's Road Map ðšïļ.
First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea).
Bitcoin Analyze ( BTCUSDT ) Timeframe 12hâ°
Locationð: Bitcoin's Correction has started at around 64200$. Bitcoin was able to pass the First Main wave of Correction (Main wave A) at 28805$. Wave A had 3 microwaves, so we have to wait for seeing Flat or Triangle Correction, although, When Bitcoin penetrated over 64,000 last month, the triangle will not happen. so, we have to wait for a Flat correction (3-3-5).
Already, Bitcoin passed Main wave B at 69000$ and now, bitcoin has started the Main wave C. if you look at carefully to end of main wave B, you can see that Main wave B has ended exactly 105% of the Main wave A, As a result, I expect that Bitcoin is running on Running Flat Correction (I put a sample of this structure in my chart).
where is Bitcoin now?
Bitcoin is moving in expanding triangle which is making microwave 5 of microwave 1 of Main wave C. The end of microwave 5 of microwave 1 of Main wave C can be around 50830$ = 38.2% Fibonacci Level of BTC Logarithmic Curve Zones Indicator + 61.8% microwave c of Main wave B + 38.2% Main wave B +Pivot Major
âïļNoteâïļ: if Bitcoin can break the upper line of Expanding Triangl microwave 5 of microwave 1 of the Main wave C = Counting waves will change for the short term.
ðīAccording to my last post about Bitcoin, I am believing that Bitcoin will touch 38.2% Fibonacci Level of BTC Logarithmic Curve Zones Indicator. ð
ðīRSI Analyze: RSI is moving on descending channel + we watched one of the valid bearish signals for RSI === Bearish Failure Swing, I believe that bitcoin will enter the oversold zone.ð
ðīBitcoin CME Futuresâïļ: These counting waves can fill Gap of the CME Futures chart. what is your idea? just 2 gaps haven't been filled on bitcoin history.ð
ðīNovember candlestick pattern: we can find ðŦShooting StarðŦPattern (Bearish) =Under 53000$, the trigger will activate.ð
Thanks for reading this post, I hope that is useful for all.ðđð
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the â 'like'â button ðð & Share it with your friends, Thanks, and Trade safe
First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea).
Bitcoin Analyze ( BTCUSDT ) Timeframe 12hâ°
Locationð: Bitcoin's Correction has started at around 64200$. Bitcoin was able to pass the First Main wave of Correction (Main wave A) at 28805$. Wave A had 3 microwaves, so we have to wait for seeing Flat or Triangle Correction, although, When Bitcoin penetrated over 64,000 last month, the triangle will not happen. so, we have to wait for a Flat correction (3-3-5).
Already, Bitcoin passed Main wave B at 69000$ and now, bitcoin has started the Main wave C. if you look at carefully to end of main wave B, you can see that Main wave B has ended exactly 105% of the Main wave A, As a result, I expect that Bitcoin is running on Running Flat Correction (I put a sample of this structure in my chart).
where is Bitcoin now?
Bitcoin is moving in expanding triangle which is making microwave 5 of microwave 1 of Main wave C. The end of microwave 5 of microwave 1 of Main wave C can be around 50830$ = 38.2% Fibonacci Level of BTC Logarithmic Curve Zones Indicator + 61.8% microwave c of Main wave B + 38.2% Main wave B +Pivot Major
âïļNoteâïļ: if Bitcoin can break the upper line of Expanding Triangl microwave 5 of microwave 1 of the Main wave C = Counting waves will change for the short term.
ðīAccording to my last post about Bitcoin, I am believing that Bitcoin will touch 38.2% Fibonacci Level of BTC Logarithmic Curve Zones Indicator. ð
ðīRSI Analyze: RSI is moving on descending channel + we watched one of the valid bearish signals for RSI === Bearish Failure Swing, I believe that bitcoin will enter the oversold zone.ð
ðīBitcoin CME Futuresâïļ: These counting waves can fill Gap of the CME Futures chart. what is your idea? just 2 gaps haven't been filled on bitcoin history.ð
ðīNovember candlestick pattern: we can find ðŦShooting StarðŦPattern (Bearish) =Under 53000$, the trigger will activate.ð
Thanks for reading this post, I hope that is useful for all.ðđð
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 â 'like'â button ðð & Share it with your friends, Thanks, and Trade safe
āļāļąāļāļāļķāļ
I meant Regular flat ððāļāļąāļāļāļķāļ
Crypto Total Market Cap $âïļ
Concentrate on Heavy Zones.
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New Post: Bitcoin Analyze (Expanding Diagonal)!!!ðĢ
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Bitcoin Analyzeâïļ
Head and Shoulder ð§âïļThe right shoulder will be complete ââïļ
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BTC is running as i expectedāļāļąāļāļāļķāļ
New Post
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New Post
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New post
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Remember
ProTrader365 | Crypto & Forex Analyst
8+ Years Experience âĒ Elliott Wave âĒ Volume & Order Flow
Free Signals, Market Analysis & Education
Explore our community & VIP services:
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8+ Years Experience âĒ Elliott Wave âĒ Volume & Order Flow
Free Signals, Market Analysis & Education
Explore our community & VIP services:
linktr.ee/ProTrader365
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ProTrader365 | Crypto & Forex Analyst
8+ Years Experience âĒ Elliott Wave âĒ Volume & Order Flow
Free Signals, Market Analysis & Education
Explore our community & VIP services:
linktr.ee/ProTrader365
8+ Years Experience âĒ Elliott Wave âĒ Volume & Order Flow
Free Signals, Market Analysis & Education
Explore our community & VIP services:
linktr.ee/ProTrader365
āļāļēāļĢāļāļģāđāļŠāļāļāļāļĩāđāđāļāļĩāđāļĒāļ§āļāđāļāļ
āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
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