Bitcoin Analysis==>> Pump to $59,000==> Short term

16 set

Bitcoin is currently moving in the Support zone($55,780-$54,550) near the Support lines and 100_SMA(4H-TF).

According to Elliott's wave theory, Bitcoin is completing microwave 5 of the main wave 5.

Also, Regular Divergence (RD+) between Consecutive Valleys.

I expect Bitcoin to rise to at least $59,000 after breaking the Resistance line.

Note: We can expect more dumps if Bitcoin breaks the Support zone($55,780-$54,550).

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

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

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17 set

Trade attivo

Trade was activated

17 set

Trade chiuso: obiettivo raggiunto

✅First Target Done✅

17 set

Trade chiuso: obiettivo raggiunto

✅Second Target Done✅

18 set

Trade chiuso manualmente

Considering that the US Federal Funds Rate will be published today, so you better be careful with your positions, I completely closed the long position.