Bitcoin is Ready to Pump Again==>>Short-term!!!

أول أمس

As I expected in the previous post, Bitcoin(BTCUSDT) fell to the Heavy Support zone($93,400-$90,000).

Bitcoin is moving in a Heavy Support zone($93,400-$90,000) near the Support line.

According to the theory of Elliott waves, it seems that Bitcoin has completed the first 5 downward waves, and we can wait for upward corrective waves. Bitcoin has completed two corrective waves in the 15-minute time frame, and we can wait for the next corrective wave.

From the point of view of Classical Technical Analysis, it seems that Bitcoin has formed a Falling Wedge Pattern in the 15-minute time frame, and if Bitcoin breaks the upper line of this pattern, we can confirm this pattern.

I expect Bitcoin to rise to at least $95,170 AFTER breaking the Upper line of the Falling Wedge Pattern.

⚠️Note: If Bitcoin breaks the support line, we can wait for the Heavy Support zone($93,400-$90,000) to break.⚠️.


⚠️Note: In general, if you open a Long position, you can keep it up to the Resistance zone($96,680-$95,520) or Risk-Free your position.⚠️

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Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.

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أول أمس

تم فتح الصفقة

For the long position, I think it is the last chance, and if Bitcoin goes below $90,500, we will probably see a further drop.

But I take this long position here even if Stop Loss is touched.

My stop loss is $90,592.

قبل ١٨ ساعة

أغلقت الصفقة: تم الوصول للهدف

Full Target Done.

Potential Reversal Zone(PRZ) gave you twice the long position and profit.

Now we can expect correction again, at least to my Target == around $94,000

قبل ١٦ ساعة

ملاحظة

Short position == Target Done

I told you at least $94,000.