Bitcoin Analyze (Short Term, Timeframe 15min,10/24/2022)!!!

It seems that Bitcoin is making the Zigzag (5-3-5) correction.

The end of microwave C of Zigzag correction can be in PRZ(Price Reversal Zone) or resistance zone.

I expect Bitcoin to go up at least to PRZ(or resistance zone) and then start to go down, breaking the lower line of descending channel and continuing the downtrend to the support zone.

Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.

Do not forget to put Stop loss for your positions (For every position that 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.

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تعليق:

The wave count changed slightly, but the bearish scenario is still in place.