Technical analysis by pejman_zwin about Symbol BTC: Buy recommendation (10/29/2024)

pejman_zwin

Bitcoin( BTCUSDT ) moved as ✅I expected in the previous post.Bitcoin is moving near the Potential Reversal Zone(PRZ) and the upper line of the ascending channel.According to Elliott's wave theory, Bitcoin is completing wave 3. I expect the Bitcoin rally will need a Correction to continue near the All Time-High(ATH).I expect Bitcoin to drop down to the Support zone($72,000-$70,820) and Support line.🔔Let's first short position, and I will try to update for the long position.🔔⚠️Note: If Bitcoin falls below the Support zone($72,000-$70,820), it may fall further.⚠️Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.🔔Be sure to follow the updated ideas.🔔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.Short PositionShort Position was closed.Long Position