Bitcoin can touch $67,000 Soon

Jun 20, 2024

Bitcoin is moving in a Heavy Support zone($65,730_$64,240).

According to the theory of Elliott waves, Bitcoin seems to have succeeded in forming a Leading Diagonal.

Also, we can see the Regular Divergence(RD+) between two Consecutive Valleys.

I expect Bitcoin to rise to at least $67,000 after breaking the upper line of the Leading Diagonal.

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

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; 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.

Jun 20, 2024

Trade active

Jun 20, 2024

Trade closed manually

Since Bitcoin failed to break the resistance zone, I took a risk-free position.

Jun 21, 2024

Trade active

My Second position

BTCUSDT

🟢Position: Long

✅Entry Point: 64651.0 USDT (Stop Limit Order)

⛔️Stop Loss: 64218.0 USDT

💰Take Profit:

🎯TP2: 65487.0 USDT //TP1: 65277 USDT(RR=1.45)

Risk-To-Reward: 1.94

Please don't forget to follow capital management ⚠️

Please pay attention to the style of opening the position.⚠️

Jun 21, 2024

Trade closed: stop reached