Bitcoin(
BTCUSDT) managed to break the Support zone($110,920-$109,900) and Support lines yesterday with the help of a Bearish Marubozu Candle(the Marubozu candle volume was acceptable).
Bitcoin is still moving in the Heavy Support zone($112,000-$105,800) and near the important Support line, Potential Reversal Zone(PRZ)[$108,100-$107,380], Cumulative Long Liquidation Leverage($108,165-$107,000).
In terms of Elliott Wave theory, Bitcoin appears to be completing microwave 5 of the main wave 3. Microwave 4 of the main wave 3 is of the Contracting Triangle type, and the main wave 3 is of the extended type.
I expect Bitcoin to start rising and attack the Resistance lines after completing the main wave 3 from the Potential Reversal Zone(PRZ)[$108,100-$107,380], Support zone($108,200-$107,240), and Important Support line.
Cumulative Short Liquidation Leverage: $110,624-$109,836
Note: If Bitcoin touches $106,800, we can expect a break of the Heavy Support zone($112,000-$105,800).
Note: If Bitcoin goes above $111,000, we can expect a renewed rise in Bitcoin.
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One of the indices that helps the Roadmap of Bitcoin and other tokens is the USDT.D%.
USDT.D% currently seems to have managed to break the heavy resistance zone and this is NOT good news for Bitcoin and other tokens, and perhaps a further correction in the crypto market is on the way.
USDT.D%’s roadmap for me is that it is almost in line with today’s analysis of Bitcoin.
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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.
BTCUSDT) managed to break the Support zone($110,920-$109,900) and Support lines yesterday with the help of a Bearish Marubozu Candle(the Marubozu candle volume was acceptable).Bitcoin is still moving in the Heavy Support zone($112,000-$105,800) and near the important Support line, Potential Reversal Zone(PRZ)[$108,100-$107,380], Cumulative Long Liquidation Leverage($108,165-$107,000).
In terms of Elliott Wave theory, Bitcoin appears to be completing microwave 5 of the main wave 3. Microwave 4 of the main wave 3 is of the Contracting Triangle type, and the main wave 3 is of the extended type.
I expect Bitcoin to start rising and attack the Resistance lines after completing the main wave 3 from the Potential Reversal Zone(PRZ)[$108,100-$107,380], Support zone($108,200-$107,240), and Important Support line.
Cumulative Short Liquidation Leverage: $110,624-$109,836
Note: If Bitcoin touches $106,800, we can expect a break of the Heavy Support zone($112,000-$105,800).
Note: If Bitcoin goes above $111,000, we can expect a renewed rise in Bitcoin.
---------------------------------------------
One of the indices that helps the Roadmap of Bitcoin and other tokens is the USDT.D%.
USDT.D% currently seems to have managed to break the heavy resistance zone and this is NOT good news for Bitcoin and other tokens, and perhaps a further correction in the crypto market is on the way.
USDT.D%’s roadmap for me is that it is almost in line with today’s analysis of Bitcoin.
---------------------------------------------
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.
註釋
Bitcoin is currently highly correlated with the SPX500 index.註釋
BTC was able to complete wave 4 , and we can expect to go down and attack the important Support line.
Bitcoin is currently highly correlated with the SPX500 index.
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🎁 Free VIP Forex and Crypto Signals, please visit:
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-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。