Bitcoin / TetherUS
Short
Updated

Bitcoin Analysis==>>Ending Diagonal!!!

Let's update the Bitcoin chart.

Bitcoin(BTCUSDT) is in the Resistance zone($70,080- $68,250).

According to Elliott's wave theory, Bitcoin seems to be completing the main wave 5. The structure of the main wave 5 is Ending Diagonal.

I expect Bitcoin to FALL again and fill the first CME Gap($67,250- $67,050).

What is your idea Bitcoin can make a New All-Time High(ATH)?

⚠️Note: If Bitcoin can break the Resistance zone($70,080-$68,250) and Resistance lines, we should wait for a new All-Time High(ATH) for Bitcoin.⚠️

Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.

🔔Be sure to follow the updated ideas.🔔

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.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade was activated
Trade closed: target reached
First Target Done

Trade closed: target reached
Second Target Done.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.