Bitcoin Analyze (Counting Waves+ Rising Wedge)!!!
Diupdate
hi, these days I am trying to find the end of pullback to our Regular Contracting Triangle.
Bitcoin Analyze ( BTCUSDT ) Timeframe 15min ⏰
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!''.
Bitcoin ran on Rising Wedge for about 4 days. I found the end of 5 impulsive waves on the Rising Wedge (at 34678$). a few minutes ago, the price was able to beak the lower line of Rising Wedge.
I drew corrective structures that can happen in the short term. The end of wave A can be around: 33400$ or 33000$
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point (35060$), then we can think about opening Long positions for the Short-term.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze ( BTCUSDT ) Timeframe 15min ⏰
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!''.
Bitcoin ran on Rising Wedge for about 4 days. I found the end of 5 impulsive waves on the Rising Wedge (at 34678$). a few minutes ago, the price was able to beak the lower line of Rising Wedge.
I drew corrective structures that can happen in the short term. The end of wave A can be around: 33400$ or 33000$
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point (35060$), then we can think about opening Long positions for the Short-term.
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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