🚨 Bitcoin Ready to Fall Again🚨⏰(1-Hour)⏰

✅As I expected in the post a few hours ago, Bitcoin was able to break the Resistance line(1) and reach the 🟡Price Reversal Zone(PRZ)🟡.👇

🌊According to the theory of Elliott waves, Bitcoin managed to complete the Double Three Correction(WXY) waves at the 🟡Price Reversal Zone(PRZ)🟡 and the Resistance line(2).

💡Also, we can see a Regular Divergence(RD-) between Volume and Price between two consecutive Peaks.

🔔I expect Bitcoin to come back below the Resistance line(1) in the coming hours, and this time it is likely to break the 🟢Support zone($25,840_$25,600)🟢.

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.

Trade attivo

Commento:

Bitcoin seems to have reacted well to 🟡Price Reversal Zone(PRZ)🟡.

Commento:

Running well as I expected.

Trade chiuso: obiettivo raggiunto:

🎯First Target🎯

Commento:

Bitcoin will probably touch $25,550.

Commento:

Since Volume Trading is low on Saturdays and Sundays, we may not expect a big movement from Bitcoin.

Commento:

Next target= $25,520

Commento:

I transfer Stop Loss to Entry Point = Risk Free (for Half of my position).

Trade chiuso: obiettivo raggiunto:

🎯Second Target🎯

Commento:

BTC is attacking to support line