Bitcoin Analysis==>> Pump to $59,000==> Short term
Updated
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.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade was activatedTrade closed: target reached
✅First Target Done✅Trade closed: target reached
✅Second Target Done✅
Trade closed manually
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.
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