Bitcoin(
BTCUSDT) began to decline from the resistance zone($95,020-$94,840) exactly as expected in my previous idea, successfully reaching all targets.
At the moment, Bitcoin was able to break the support zone($90,650-$90,000). It seems that the pullback to the broken support zone($90,650-$90,000) could be completed with a symmetrical triangle pattern, although given the low trading volume on Saturday and Sunday, this triangle may not function properly.
In terms of Elliott Wave theory, Bitcoin appears to be completing the microwave C of the main wave B, and I expect at least one more impulsive 5-wave move to the upside.
I expect Bitcoin to start rising from the support zone($89,230-$88,000) or the Potential Reversal Zone(PRZ)[$87,820-$87,120] maximum. A break of the resistance lines could be a good sign for Bitcoin to rise again.
What do you think? Do you believe Bitcoin will dip below $75,000, or will it bounce back?
Cumulative Short Liquidation Leverage: $98,260-$96,690
Cumulative Short Liquidation Leverage: $90,560-$89,990
Cumulative Long Liquidation Leverage: $87,820-$87,290
Cumulative Long Liquidation Leverage: $83,900-$82,400
First Target: $89,911
Second Target: $92,119
Stop Loss(SL): $86,120(Worst)
Points may shift as the market evolves
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
BTCUSDT) began to decline from the resistance zone($95,020-$94,840) exactly as expected in my previous idea, successfully reaching all targets.At the moment, Bitcoin was able to break the support zone($90,650-$90,000). It seems that the pullback to the broken support zone($90,650-$90,000) could be completed with a symmetrical triangle pattern, although given the low trading volume on Saturday and Sunday, this triangle may not function properly.
In terms of Elliott Wave theory, Bitcoin appears to be completing the microwave C of the main wave B, and I expect at least one more impulsive 5-wave move to the upside.
I expect Bitcoin to start rising from the support zone($89,230-$88,000) or the Potential Reversal Zone(PRZ)[$87,820-$87,120] maximum. A break of the resistance lines could be a good sign for Bitcoin to rise again.
What do you think? Do you believe Bitcoin will dip below $75,000, or will it bounce back?
Cumulative Short Liquidation Leverage: $98,260-$96,690
Cumulative Short Liquidation Leverage: $90,560-$89,990
Cumulative Long Liquidation Leverage: $87,820-$87,290
Cumulative Long Liquidation Leverage: $83,900-$82,400
First Target: $89,911
Second Target: $92,119
Stop Loss(SL): $86,120(Worst)
Points may shift as the market evolves
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌Bitcoin Analysis (BTCUSDT), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
交易進行
Bitcoin fell as expected to the Potential Reversal Zone(PRZ)[$87,820-$87,120], and Cumulative Long Liquidation Leverage( $87,820-$87,290), and the short position target was touched.
It seems that the main wave B is completed; however, the break of the resistance lines should confirm the downward corrective waves on the 1-hour time frame.
Long position activated on Potential Reversal Zone(PRZ)[$87,820-$87,120].
交易結束：目標達成
Full Target Done
We hunted the price bottom in this analysis, and the short position also hit the target initially.
🎁 Free Real VIP Forex and Crypto Signals. Please visit:
🔗 t.me/ProTrader_365
🔗 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。
🎁 Free Real VIP Forex and Crypto Signals. Please visit:
🔗 t.me/ProTrader_365
🔗 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。