Hi, everyone, today I want to talk about Setups that can happen.
I have to say thanks to all users that respect ideas that are even wrong (Please Respect each other🙏) If you do not like some analyzers, you can unfollow them, but please do not destroy them🙏.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h⏰
Location🌊: if you want to know about counting waves of Bitcoin from 😱2.5$😱 until the end of the Main wave A that you are seeing it on my chart, first you can read my previous post with the topic ''Bitcoin Analyze 🗺️🔥(Counting Waves + Road map+ Long-term)🔥🗺️'', second please read my post with topic ''Bitcoin Analyze (Road Map)!!!🗺️'' too.
Also, you can visit my post with the topic ''Bitcoin Analyze (End of Rally is uploading)!!!⏰'' for knowing more about my Bearish Expanding Triangle.
Live: Bitcoin lost its main uptrend line a few hours ago, it can be a sign for finishing this bullish rally (but better wait to be sure about trusty break), also I was able to find Fan Principle setup that it can be another sign for finishing the bullish rally. if the price can break the Third line of the Fan Principle, we will be more confident of the end of the uptrend, If this happens, the price will close to the lower line of the Bearish Expanding Triangle while we will have Bullish Gartley Harmonic Pattern(Probably, we can visit Point D(It can be a Critical point) of Gartley at TRZ).
RSI: RSI has important resistances in front of itself, and we can see Bearish Deep Crab 🦀 that it is working now, and I think that this bullish rally can finish with a symmetrical triangle on RSI. Daily Timeframe⏰ 👇
In addition: stochastic is showing the end of the movement, Timeframe 4h⏰👇
My Suggestion: if you have Bitcoin, you have to think about taking profit from them Soon/ if you don't have coins, Don't be FOMO, probably time will give you another chance 👍😉.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
sounds like Peter Brandt famous short on ADA with the H&S formation prediction a fall to 0,10$
those who shorted on that have now a 300% loss.
the market is to complicated to just use simple pastern only .
EW can give you a map where you are.
other TA can bring you closer to fine tuning the waves
and on-chain analysis can confirm or denial your EW count.
and above all news is the trigger of a wave to end earlier or extend.