Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Patterns: Still, Bitcoin wants to make Triangles and Channels on our Descending Triangles. if you look at my chart carefully, you can see a Rising wedge that price broke the lower line of it and then price made pullback to the lower line of our wedge== This pullback made another triangle == Symmetrical Triangle.
The price was able to break our Symmetrical Triangle too and now we are watching another pullback to the lowe line of the Symmetrical Triangle. Probably the second pullback CAN continue until The Upper line of Descending Triangle + the lowe line of the Symmetrical Triangle + TRZ2 (Even TRZ1). This pullback made Bullish Harmonic Pattern.
Live: Bitcoin is running on Descending Channel + Mastercandle (Candlesticks analysis) +the middle line of the lower Ascending channel 2+ Price is at TRZ1. price will make Bullish Pattern ==Near the lower line of Descending Channel +TRZ2 // OR // Near the lower line of Ascending Channel 2 +Point D (purple// Point D of Descending Triangle).
Symmetrical Triangle’s Target == Around 29340$
Rising Wedge’s Target == Around 27560$
Pay attention to our Heavy support (316200$ until 30000$ (Support + Cluster of Fibs+ the lower lines of Descending Triangles).
Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame)📆: Please read this post carefully ( I ❤️LOVE❤️ THIS POST(for Jun 9)😀)👉
My Suggestion: Again sorry for the busy chart, I hope that my chart is useful //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 (35060$), then we can think about opening Long positions for the Short-term// please follow my lines.
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