Bitcoin seems to be forming a double three correction(WXY) pattern in the 15-minute time frame.
The main wave X ended with an ending diagonal pattern, and Bitcoin is completing the main wave Y (of course, the main wave X can include various combinations of corrective waves).
Another thing I can say about the theory of Elliott waves is that when the main wave W has a zigzag structure, it is less likely that the Y wave will be a zigzag pattern, so for the main wave Y, I expect more flat and even triangle corrections.
I tried to show you the end of main wave Y in my chart (PRZ(Price Reversal Zone)).
If you want to know more about the higher time frames of Bitcoin, I recommend you to read the previous post and the following post about Bitcoin.👇
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.
The main wave X ended with an ending diagonal pattern, and Bitcoin is completing the main wave Y (of course, the main wave X can include various combinations of corrective waves).
Another thing I can say about the theory of Elliott waves is that when the main wave W has a zigzag structure, it is less likely that the Y wave will be a zigzag pattern, so for the main wave Y, I expect more flat and even triangle corrections.
I tried to show you the end of main wave Y in my chart (PRZ(Price Reversal Zone)).
If you want to know more about the higher time frames of Bitcoin, I recommend you to read the previous post and the following post about Bitcoin.👇
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.
Trade fechado: objetivo atingido
Nota
Nota
Nota
Nota
New update
Nota
New update
Nota
New update
Nota
Daily Time frame.
Nota
New update
Nota
Weekly Timeframe
🎁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.