Bitcoin Analyze (Short Term,15-minute Time Frame,05/01/2023)

Bitcoin lost its support zone with a long-bodied red candlestick (currently acting as a🔴resistance zone($ 29,030-$ 28,880)🔴.

The corrective zigzag structure(ABC/5-3-5) is expected to play the role of a pullback to the lost support zone, and then Bitcoin will fall again to the next 🟢support zone($ 28,800-$ 27,800)🟢.

💡The sign of the end of wave B can be the Hammer Candlestick Pattern, Fibonacci levels, etc.💡

Bitcoin Analyze ( OKX: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.

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Komen:

If BTC goes over $ 28,580 = we can verify the end of wave B.

Komen:

In the new update, the waves changed.