Bitcoin Ready to Pump==>>Falling Wedge==>>Shot term

2024年10月3日

Bitcoin moved as I expected in the previous post.

According to Elliott's wave theory, Bitcoin completed wave 5, and we should expect upward corrective waves.

Regarding Classic Technical Analysis, Bitcoin seems to have formed a Falling Wedge Pattern.

Also, Regular Divergence (RD+) between Consecutive Valleys.

I expect Bitcoin will go up after breaking the upper line of the falling wedge pattern and touch my targets in my chart.

⚠️Note: Tensions between Iran and Israel can still have an impact on Bitcoin and other assets. If Israel wants to react to Iran's attacks, we should expect a further drop in Bitcoin, so in these days, more than ever, observe capital management.⚠️

Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

2024年10月3日

交易進行

Trade was activated

2024年10月4日

交易結束：目標達成

First Target Done

2024年10月4日

交易結束：目標達成

Second Target Done