Bitcoin is Ready to go UP from the Bottom of Ascending Channel🚀

٥ سبتمبر ٢٠٢٣

Hi everyone👋.

🏃‍♂️Bitcoin is moving in the 🟢Support zone($25,840_$25,600)🟢 and near the Support line, and the lower line of the Ascending channel.

🌊According to the theory of Elliott waves, it seems that Bitcoin is completing Corrective Waves inside the ascending channel.

💡Since 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 🟢Support zone($25,840_$25,600)🟢 and the Support line. (This can be a good sign that increases the possibility of Bitcoin increasing in the coming hours.)

🔔I expect Bitcoin to reach the upper part of the ascending channel and the 🔴Resistance zone($27,000-$26,350)🔴 in the coming hours to complete Wave C.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.

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 ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

٥ سبتمبر ٢٠٢٣

تم فتح الصفقة

٦ سبتمبر ٢٠٢٣

ملاحظة

Focus on the rectangle pattern

٦ سبتمبر ٢٠٢٣

ملاحظة

BTCUSDT

🟢Position: Long

✅Entry Point: 25650.0 USDT (Limit Order)

⛔️Stop Loss: 25420.0 USDT

💰Take Profit:

🎯 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

٦ سبتمبر ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

I closed position