Bitcoin Analyze (Short Term, 1-hour Time Frame,04/08/2023)!!!
While Bitcoin seems to be completing Wave B, or even past it, there is a possibility that wave B may follow higher Fibonacci levels or even form a contracting triangle pattern.
At the same time, Bitcoin managed to form a symmetrical triangle pattern in the RSI indicator in the 4-hour time frame, which can be considered as a key for the next big move.👇
I expect Bitcoin to decline toward the 🟢support zone (26,980-26,580)🟢 after breaking the support line.
❗️Note❗️: If BTC goes over $HKEX:29230 Scenario will change.
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.
At the same time, Bitcoin managed to form a symmetrical triangle pattern in the RSI indicator in the 4-hour time frame, which can be considered as a key for the next big move.👇
I expect Bitcoin to decline toward the 🟢support zone (26,980-26,580)🟢 after breaking the support line.
❗️Note❗️: If BTC goes over $HKEX:29230 Scenario will change.
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.
Nota
Microwave B = Contracting triangle patternNota
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.