Bitcoin ➡️Top of Ascending Channel+RD(➖)+TRZ+🌊
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Bitcoin has been moving in an ascending channel for about ⏰4 days⏰, and it seems that it has formed the Triple Three Correction structure(WXYXZ) inside the ascending channel(of course, this structure is rare).
Also, Bitcoin has attacked the top of the ascending channel 5 times but has not succeeded in breaking this channel. But the 5️⃣fifth5️⃣ time is a little different because it is near the 🔴resistance zone($ 30,040-$ 29,730)🔴, and this issue can end the correction or this 4-day rise of Bitcoin.
💡Sign of the completion of the corrective structure is the Regular Divergence (RD-) between two consecutive peaks.
💡Another sign is that Bitcoin is moving in the ⚪️Time Reversal Zone(TRZ)⚪️.
🔔I expect Bitcoin to go down to at least the 🟢support zone($ 29,030-$ 28,880)🟢, and it is likely to break down and move to the next 🟢support zone($ 27,820-$ 27,660)🟢.💡
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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Also, Bitcoin has attacked the top of the ascending channel 5 times but has not succeeded in breaking this channel. But the 5️⃣fifth5️⃣ time is a little different because it is near the 🔴resistance zone($ 30,040-$ 29,730)🔴, and this issue can end the correction or this 4-day rise of Bitcoin.
💡Sign of the completion of the corrective structure is the Regular Divergence (RD-) between two consecutive peaks.
💡Another sign is that Bitcoin is moving in the ⚪️Time Reversal Zone(TRZ)⚪️.
🔔I expect Bitcoin to go down to at least the 🟢support zone($ 29,030-$ 28,880)🟢, and it is likely to break down and move to the next 🟢support zone($ 27,820-$ 27,660)🟢.💡
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 be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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Bitcoin attacked the top of the ascending channel for the sixth time and failed to break it.Nota
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