Bitcoin is Ready to Pump

Sep 9, 2024

Bitcoin has managed to break the Resistance zone($55,720-$54,550) and the Descending Channel.

According to the Elliott wave theory, Bitcoin seems to have completed the Double Three Correction(WXY) in the descending channel.

I expect Bitcoin to rise to at least the First Target and the width of the broken-descending channel.

Note: If Bitcoin goes below the Resistance zone($55,720-$54,550), we should expect Bitcoin to dump to $51,000(at least).

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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Sep 10, 2024

Trade active

Trade was activated

Sep 12, 2024

Trade closed: target reached

✅First Target Done✅

Sep 13, 2024

Trade closed: target reached

✅Second Target Done✅