Bitcoin has been able to run from the beginning until now in BTC Logarithmic Curve Zones. now, I explain one of the trusty signals that Bitcoin has in BTC Logarithmic Curve Zones. when Every time, the price was able to break (to up) Midline of Channel (50% Fibonacci Level) of the cure chart, and after that, again the price came back to under that line == BTC has touched 38.2% Fib.
Bitcoin has passed 5 signals until now, and all worked, this time is The sixth time❗️
The 🎯target🎯 of Short sixth Signal can be around ❗️ 50k ❗️ (Price can touch this price with shadows too).
Do not forget to put Stop loss for your positions (For every position that 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 Analyze❗️
Bearish Bat 🦇❗️
Timeframe 1h⏰
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sixth signal worked
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New post: Bitcoin Analyze (Logarithmic Curve Zones)!!!👀
Hello Pejman, first of all thank you for your awesome analysis. Your EW labelling skill is pretty good. So can I please ask you for a favour ?
Do you think we have completed wave 4 already at 30k or not ? What EW high possibility count we are in on Primary degree and on micro level ? If we consider bear case are we making impulsive move downwards or are we making a correction more likely ? Or We are in Primary Wave C of Intermediate Wave 4 and thus it is quite complex to understand?
What is your opinion about that, I would like to know about it. I am not representing my own count because i would like to know your view about it.
Thanks in advance.
pejman_zwin
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@StunnerStock, first, thanks for the comment. as you know that Counting waves depend on the different parameters of the market such as on-chain data, news, other markets, etc. for the reasons that I said, I think that we passed Main wave 4 in July and we are in main wave 5. my opinion about the bottom of BTC: BTC can go down until 50000$ or 48000$. if BTC Is running on wave C, how was the shape of wave A (3 or 5 microwaves)?
What if with USDT.D dump , BTC pump from here . USDT.D IS close to dump .
pejman_zwin
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@SHAlavi,if it happens, we can see a pump on Alt coins or BTC (depends on dominances).
SHAlavi
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@pejman_zwin dear pejman Salam . As it seem USDT.D strat bearish move to the next Bearish Gan Arc resistance, but seller pressure is so high & BTC will move upward with many fluctuation . In other way Total market Cap after reject from weekly Gann Arc resistance and start downward move to get support from Weekly Gann Arc trend line for more Bullying rally . Total market cap Now two time reject from trend line and what i expect is that will start upward . BTC & top Alt will move upward.
Your EW labelling skill is pretty good. So can I please ask you for a favour ?
Do you think we have completed wave 4 already at 30k or not ? What EW high possibility count we are in on Primary degree and on micro level ?
If we consider bear case are we making impulsive move downwards or are we making a correction more likely ?
Or We are in Primary Wave C of Intermediate Wave 4 and thus it is quite complex to understand?
What is your opinion about that, I would like to know about it. I am not representing my own count because i would like to know your view about it.
Thanks in advance.