According to Elliott's wave theory, The end of wave 4 ended in the 🟡Price Reversal Zone(PRZ)🟡, and one of the signs of the end of the wave was the breaking of the resistance line upwards, and wave 5 can continue until the end of the 🔴resistance zone($ 27,900-$ 27,700)🔴.
After the confirmation of the end of wave 5, Bitcoin is expected to fall to the 🎯target🎯 I have specified in the chart or the 🟢support zone($ 27,260-$ 27,120)🟢.
In addition, We can also see the Regular Divergence(RD-) between the end of wave 3 and wave 5 in the RSI indicator and the probability that one of the valid RSI ⬇️SELL⬇️ signals, namely Bearish Failure Swing, will be seen in the next hour is very high.👇
Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute 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.
After the confirmation of the end of wave 5, Bitcoin is expected to fall to the 🎯target🎯 I have specified in the chart or the 🟢support zone($ 27,260-$ 27,120)🟢.
In addition, We can also see the Regular Divergence(RD-) between the end of wave 3 and wave 5 in the RSI indicator and the probability that one of the valid RSI ⬇️SELL⬇️ signals, namely Bearish Failure Swing, will be seen in the next hour is very high.👇
Bitcoin Analyze ( OKX:BTCUSDT ), 15-minute 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
Nota
The Bearish Failure Swing signal was done according to the analysis.😊
Nota
Bitcoin formed a symmetric triangle in 5 minutes, which is considered a continuation pattern (mostly).
Trade chiuso: obiettivo raggiunto
Nota
Update, Good luck😉
Nota
Bitcoin Daily Time frame.
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.