Bitcoin Analyze (Short Term, 15-minute Time Frame,01/22/2023)!!!

Bitcoin is in a very sensitive area; you may ask why?!

Bitcoin is actually ⚔️struggling⚔️ to break the most important downtrend line that has been forming since the end of 2021.

If this important downtrend line is broken by Bitcoin validly to the upside, we can expect Bitcoin to approach the $30,000 zone(Bitcoin's most important resistance) in the coming months.

Now let's go back to the 15-minute chart.

Bitcoin seems to be forming a corrective zigzag(ABC/5-3-5), so wave A is completed, and wave B seems to be completed as well.

I expect the end of wave C in the PRZs to finish and Bitcoin to start falling again to the important downtrend line.

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

Do not forget to put Stop loss for your positions (For every position that 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.

Comentário:

Bullish Scenario worked well

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To find the end of wave B, we can look for it near the important downtrend line.

Comentário:

PRZ worked well✅

Trade fechado: objetivo atingido

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Update