✈️Bitcoin Will Go Up again✈️

Oct 11, 2023

🔨Bitcoin seems to be breaking the Ascending Channel and 🟢Support zone($27,580-$27,300)🟢.

🌊According to Elliott's wave theory, Bitcoin has completed a Zigzag correction(ABC/5-3-5) in the ascending channel, but we have to wait for the next moves to confirm the end of the main wave B.

💡Also, the RSI indicator managed to break the Uptrend line and is currently moving near the 50% line; I expect the RSI indicator to pull back to the Uptrend line.👇



🔔I expect Bitcoin to at least decline to the next 🟢Support zone($26,880-$26,500)🟢 and then rise again and touch the minimum Resistance line again.

Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.

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Oct 11, 2023

Trade active

Oct 11, 2023

Note

BTC reacted to the Support zone, and SMA(50)

Oct 12, 2023

Note

The 🟢Support zone($26,880-$26,500)🟢 in which Bitcoin is currently moving does not seem to be broken by ONE attack.

Oct 12, 2023

Note

I expect Bitcoin to take an uptrend in the coming hours, at least to $27,200.

Oct 13, 2023

Note

✅Running well✅

Oct 16, 2023

Trade closed: target reached

Oct 17, 2023

Note

Still, we can not confirm The end of main wave B.