pejman_zwin

Bitcoin will go UP by Bullish 🏁Flag🏁 Pattern⏰(15Min)

Long
pejman_zwin Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi guys, I hope that you had a great weekend.🥳

✅Bitcoin seems to have managed to break the Important Resistance line (at least temporarily) and is currently completing a pullback to this line.

🏃Currently, Bitcoin is moving near the 🟢Support zone($27,100-$27,040)🟢and SMA(100).

🏁In terms of classic technical analysis, it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern.

🌊The structure of the waves inside the Flag is the Double Three Correction(WXY) type.

🔔I expect Bitcoin to rise toward the 🔴Resistance zone($27,600-$27,300)🔴 after breaking the upper line of the descending channel.

❗️Note❗️: if Bitcoin goes below the 🟢Support zone($27,100-$27,060)🟢 we have to expect that Bitcoin will go down more.
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🌐➕Positive News➕🌐:

In general, October has been a good month for cryptocurrencies.

🌐➖Negative News➖🌐:

New U.S. Bill Proposes Enhanced Oversight for Cryptocurrency Transactions

Gemini Crypto Exchange Exits Dutch Market.

Major Exchange Experienced $116 Million in Outflow in Ethereum, Bitcoin, and USDT.

Fornite Developer Cuts 16% of Workforce Amid Metaverse Revenue Shortfall.

SEC Files Lawsuit Against FTX Auditor.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.

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Trade active
Trade closed: target reached:
✔️Target Done✔️

😎Less than one hour 😎
Comment:
BTC maybe can touch $28,300 today(maybe more).
Comment:
The next 🔴Resistance zone($28,450-$28,080)🔴 that Bitcoin is likely to attack today (although it may have a small correction).
Comment:
As I said, BTC was able to touch $28,300✅

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