Bitcoin is Ready to 🚀Pump🚀 Again⏰(4-Hour)⏰
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🤝Maybe everyone is watching Bitcoin, but I hope you are always in profit and enjoying your profit.
🚀Today, I want to share a bullish scenario that is not far away.
🌊For me, the best tool for determining the Bitcoin roadmap is the Elliott Wave Theory, as my old followers know.
💡Bitcoin is currently seriously attacking the 🟢Heavy Support zone($25,280-$23,900)🟢 for the second time, in my opinion. Generally, it takes more than two tests of a Heavy Support or Resistance zone to break. So, I expect Bitcoin to Fail the second time around.
🌊In terms of Elliott waves, Bitcoin seems to be moving in microwave 5 of the main wave 5.
🔔I expect the main wave 5 to finish in 🟡Price Reversal Zone(PRZ)🟡, and Bitcoin will be pumped at least UP to the Resistance line (of course, after the Downtrend line breaks).
⚠️Note: If BTC touches $23,000 Scenario will Change.
⚠️The negative thing that can worry us is that if Bitcoin issues the ☠️Dead Cross Signal☠️ , we should see the loss of the 🟢Heavy Support zone($25,280-$23,900)🟢.
📚☠️Dead Cross Signal☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA), usually the 50-day, crosses below its long-term moving average, usually the 200-day.
Bitcoin Analyze ( BTCUSDT ), 4-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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚀Today, I want to share a bullish scenario that is not far away.
🌊For me, the best tool for determining the Bitcoin roadmap is the Elliott Wave Theory, as my old followers know.
💡Bitcoin is currently seriously attacking the 🟢Heavy Support zone($25,280-$23,900)🟢 for the second time, in my opinion. Generally, it takes more than two tests of a Heavy Support or Resistance zone to break. So, I expect Bitcoin to Fail the second time around.
🌊In terms of Elliott waves, Bitcoin seems to be moving in microwave 5 of the main wave 5.
🔔I expect the main wave 5 to finish in 🟡Price Reversal Zone(PRZ)🟡, and Bitcoin will be pumped at least UP to the Resistance line (of course, after the Downtrend line breaks).
⚠️Note: If BTC touches $23,000 Scenario will Change.
⚠️The negative thing that can worry us is that if Bitcoin issues the ☠️Dead Cross Signal☠️ , we should see the loss of the 🟢Heavy Support zone($25,280-$23,900)🟢.
📚☠️Dead Cross Signal☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA), usually the 50-day, crosses below its long-term moving average, usually the 200-day.
Bitcoin Analyze ( BTCUSDT ), 4-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 gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Nota
I expect that BTC will close the support line that it was able to break.Trade attivo
Nota
BTC is running near the downtrend line; let's see, BTC can break it or not.Nota
I confirmed the end of wave 5 after the downtrend line broke.
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