Bitcoin is Ready to go UP from the Bottom of Ascending Channel๐
์
๋ฐ์ดํธ๋จ
Hi everyone๐.
๐โโ๏ธBitcoin is moving in the ๐ขSupport zone($25,840_$25,600)๐ข and near the Support line, and the lower line of the Ascending channel.
๐According to the theory of Elliott waves, it seems that Bitcoin is completing Corrective Waves inside the ascending channel.
๐กSince parallel markets such as Gold have taken a downward trend in the past day and the DXY index has an upward trend, but Bitcoin managed to maintain the ๐ขSupport zone($25,840_$25,600)๐ข and the Support line. (This can be a good sign that increases the possibility of Bitcoin increasing in the coming hours.)
๐I expect Bitcoin to reach the upper part of the ascending channel and the ๐ดResistance zone($27,000-$26,350)๐ด in the coming hours to complete Wave C.
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๐โPositive Newsโ๐:
Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein.
OKX Cryptocurrency Exchange Expands into India, Focusing on Web3 Potential and Local Talent.
๐โNegative Newsโ๐:
Crypto Exchange Volumes Fall to 2020 Levels as Institutional Funds Hemorrhage.
Drake-Backed Crypto Casino Stake Loses FWB:40 M in 'Unauthorized' Transfers.
Trouble in the Metaverse: 99% of Play-to-Earn Investors Now Counting Their Losses.
Exploits, hacks and scams stole almost 11B in 2023: Report.
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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 be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐โโ๏ธBitcoin is moving in the ๐ขSupport zone($25,840_$25,600)๐ข and near the Support line, and the lower line of the Ascending channel.
๐According to the theory of Elliott waves, it seems that Bitcoin is completing Corrective Waves inside the ascending channel.
๐กSince parallel markets such as Gold have taken a downward trend in the past day and the DXY index has an upward trend, but Bitcoin managed to maintain the ๐ขSupport zone($25,840_$25,600)๐ข and the Support line. (This can be a good sign that increases the possibility of Bitcoin increasing in the coming hours.)
๐I expect Bitcoin to reach the upper part of the ascending channel and the ๐ดResistance zone($27,000-$26,350)๐ด in the coming hours to complete Wave C.
--------------------------------------------------------------------------------
๐โPositive Newsโ๐:
Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein.
OKX Cryptocurrency Exchange Expands into India, Focusing on Web3 Potential and Local Talent.
๐โNegative Newsโ๐:
Crypto Exchange Volumes Fall to 2020 Levels as Institutional Funds Hemorrhage.
Drake-Backed Crypto Casino Stake Loses FWB:40 M in 'Unauthorized' Transfers.
Trouble in the Metaverse: 99% of Play-to-Earn Investors Now Counting Their Losses.
Exploits, hacks and scams stole almost 11B in 2023: Report.
--------------------------------------------------------------------------------
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 be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
์กํฐ๋ธ ํธ๋ ์ด๋
๋
ธํธ
Focus on the rectangle pattern
๋
ธํธ
BTCUSDT
๐ขPosition: Long
โ Entry Point: 25650.0 USDT (Limit Order)
โ๏ธStop Loss: 25420.0 USDT
๐ฐTake Profit:
๐ฏ 26200.0 USDT
Risk-To-Reward: 2.39
Double my volume @25420.0 USDT, then transfer your Stop Loss(SL) to $25180 USDT == martingale strategy
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์
I closed position
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๐Contact & Learning Technical Analysis ๐t.me/Ad_ProTrader365
๐Contact & Learning Technical Analysis ๐t.me/Ad_ProTrader365
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