Hi guys, I hope that you had a great weekend.๐ฅณ
โ Bitcoin seems to have managed to break the Important Resistance line (at least temporarily) and is currently completing a pullback to this line.
๐Currently, Bitcoin is moving near the ๐ขSupport zone($27,100-$27,040)๐ขand SMA(100).
๐In terms of classic technical analysis, it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern.
๐The structure of the waves inside the Flag is the Double Three Correction(WXY) type.
๐I expect Bitcoin to rise toward the ๐ดResistance zone($27,600-$27,300)๐ด after breaking the upper line of the descending channel.
โ๏ธNoteโ๏ธ: if Bitcoin goes below the ๐ขSupport zone($27,100-$27,060)๐ข we have to expect that Bitcoin will go down more.
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๐โPositive Newsโ๐:
In general, October has been a good month for cryptocurrencies.
๐โNegative Newsโ๐:
New U.S. Bill Proposes Enhanced Oversight for Cryptocurrency Transactions
Gemini Crypto Exchange Exits Dutch Market.
Major Exchange Experienced $116 Million in Outflow in Ethereum, Bitcoin, and USDT.
Fornite Developer Cuts 16% of Workforce Amid Metaverse Revenue Shortfall.
SEC Files Lawsuit Against FTX Auditor.
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Bitcoin Analyze ( BTCUSDT ), 15-minute 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.
โ Bitcoin seems to have managed to break the Important Resistance line (at least temporarily) and is currently completing a pullback to this line.
๐Currently, Bitcoin is moving near the ๐ขSupport zone($27,100-$27,040)๐ขand SMA(100).
๐In terms of classic technical analysis, it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern.
๐The structure of the waves inside the Flag is the Double Three Correction(WXY) type.
๐I expect Bitcoin to rise toward the ๐ดResistance zone($27,600-$27,300)๐ด after breaking the upper line of the descending channel.
โ๏ธNoteโ๏ธ: if Bitcoin goes below the ๐ขSupport zone($27,100-$27,060)๐ข we have to expect that Bitcoin will go down more.
--------------------------------------------------------------------------------
๐โPositive Newsโ๐:
In general, October has been a good month for cryptocurrencies.
๐โNegative Newsโ๐:
New U.S. Bill Proposes Enhanced Oversight for Cryptocurrency Transactions
Gemini Crypto Exchange Exits Dutch Market.
Major Exchange Experienced $116 Million in Outflow in Ethereum, Bitcoin, and USDT.
Fornite Developer Cuts 16% of Workforce Amid Metaverse Revenue Shortfall.
SEC Files Lawsuit Against FTX Auditor.
--------------------------------------------------------------------------------
Bitcoin Analyze ( BTCUSDT ), 15-minute 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
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์:
โ๏ธTarget Doneโ๏ธ
๐Less than one hour ๐
๐Less than one hour ๐
์ฝ๋ฉํธ:
BTC maybe can touch $28,300 today(maybe more).
์ฝ๋ฉํธ:
The next ๐ดResistance zone($28,450-$28,080)๐ด that Bitcoin is likely to attack today (although it may have a small correction).
์ฝ๋ฉํธ:
As I said, BTC was able to touch $28,300โ
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๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3