Bitcoin Ready to Pump==>>Falling Wedge==>>Shot term

Oct 3

Bitcoin moved as I expected in the previous post.

According to Elliott's wave theory, Bitcoin completed wave 5, and we should expect upward corrective waves.

Regarding Classic Technical Analysis, Bitcoin seems to have formed a Falling Wedge Pattern.

Also, Regular Divergence (RD+) between Consecutive Valleys.

I expect Bitcoin will go up after breaking the upper line of the falling wedge pattern and touch my targets in my chart.

⚠️Note: Tensions between Iran and Israel can still have an impact on Bitcoin and other assets. If Israel wants to react to Iran's attacks, we should expect a further drop in Bitcoin, so in these days, more than ever, observe capital management.⚠️

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 and updates; this is just my Idea, and I will gladly see your ideas in this post.

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Oct 3

Trade active

Trade was activated

Oct 4

Trade closed: target reached

First Target Done

Oct 4

Trade closed: target reached

Second Target Done