Bitcoin / TetherUS
Short
Updated

🚨Bitcoin is Ready to Fill CME Gap🚨

20803
✅As I expected, Bitcoin touched the 🔴Resistance zone($43,180-$42,820)🔴[I expect Bull trap].

🌊According to Elliott's wave theory, Bitcoin is completing a corrective Zigzag(ABC/5-3-5) pattern.

🔔I expect Bitcoin to decrease to at least the Support line after completing the Zigzag correction structure, and if the support line breaks, we can expect 🔵CME Gap($40,325-$39,290)🔵 to fill.

❗️⚠️Note⚠️❗️: If BTC can break the $44,720, the Scenario will change.

❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.

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

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; 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
Note
If Bitcoin touches $42,030, the possibility of a fall will increase.
Note
Bitcoin may go up to $43,820, but the scenario is still valid.
Note
If BTC touches the $41,320==Risk Free(Transfer SL to EP)
Note
I closed a 50% position @$41,820 and another 50% @$42,403.0, I will open another Short position soon.
Trade closed: target reached
RR==2.2 touched.
Note
If you are still looking for a position with RR=3.52, I must tell you that it will probably be touched in the next fall.😊

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.