๐กBitcoin tried many times to break the ๐กPrice Reversal Zone(PRZ)๐ก but failed every time.
๐In terms of Elliott wave theory, Bitcoin seems to have found microwave 5 of the main wave C at the ๐กPrice Reversal Zone(PRZ)๐ก and the upper line of the Rising Wedge Pattern.
๐กOne of the confirmation signs of our wave counting can be the presence of Regular Divergence(RD-) between two micro waves 3 and 5 of the main wave C.
๐I expect Bitcoin to attack the Support lines and the lower Rising Wedge Pattern line after breaking the ๐ขSupport zone($38,000_$37,650)๐ข.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame โฐ.
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.
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