â
As I expected, Bitcoin touched the ðīResistance zone($43,180-$42,820)ðī[I expect Bull trap].
ðAccording to Elliott's wave theory, Bitcoin is completing a corrective Zigzag(ABC/5-3-5) pattern.
ðI expect Bitcoin to decrease to at least the Support line after completing the Zigzag correction structure, and if the support line breaks, we can expect ðĩCME Gap($40,325-$39,290)ðĩ to fill.
âïļâ ïļNoteâ ïļâïļ: If BTC can break the $44,720, the Scenario will change.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame â°.
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 gladly 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.
ðAccording to Elliott's wave theory, Bitcoin is completing a corrective Zigzag(ABC/5-3-5) pattern.
ðI expect Bitcoin to decrease to at least the Support line after completing the Zigzag correction structure, and if the support line breaks, we can expect ðĩCME Gap($40,325-$39,290)ðĩ to fill.
âïļâ ïļNoteâ ïļâïļ: If BTC can break the $44,720, the Scenario will change.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame â°.
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 gladly 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.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļąāļāļāļķāļ
If Bitcoin touches $42,030, the possibility of a fall will increase.āļāļąāļāļāļķāļ
Bitcoin may go up to $43,820, but the scenario is still valid.āļāļąāļāļāļķāļ
If BTC touches the $41,320==Risk Free(Transfer SL to EP)āļāļąāļāļāļķāļ
I closed a 50% position @$41,820 and another 50% @$42,403.0, I will open another Short position soon.āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
RR==2.2 touched.āļāļąāļāļāļķāļ
If you are still looking for a position with RR=3.52, I must tell you that it will probably be touched in the next fall.ð
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