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    Home»Technical analysis»Bitcoin – Best plan for the next week!
    Technical analysis

    Bitcoin – Best plan for the next week!

    By TolbertiMarch 6, 20232 Comments
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    • First, Bitcoin is going to drop to 21833 or even a little bit lower at the start of the week, probably Monday or Tuesday. After that, we should see a massive pump to the upside to fill the previous unfilled GAP, which is around 23395.
    • The bulls should step in at around 21833 because, technically, we will finish the ABC correction from the Elliott Wave perspective. Also, we will close the previous GAP.
    • Don’t get caught with your shorts in this white trendline. I can see this trendline everywhere on social media. If you enter a short, you will get REKT.
    • This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
    • I am bearish on Bitcoin overall, and I think we are going to reach 17k-18k before a massive bull market takes us to a new all time high.
    • If you want more of these short-term analyses on Bitcoin , hit the like right now so I can see if you are also interested in the short-term periods.
    • The whole crypto market is going to go down, including ETH and XRP. Only a few stronger coins will keep pumping.
    • Thank you, and do not forget to leave a comment if you trade these short-term moves!
    • https://www.tradingview.com/chart/BTCUSDT/0AKPi5sA-Bitcoin-Best-plan-for-the-next-week/

     

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    Tolberti
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    Professional trader and analyst. My specialization is in Elliott Wave Theory, Fibonacci tools, chart patterns, candlesticks, and price action. To analyze market structure, I use market profile and volume profile in my trading system. To analyze trends, I use trendlines, VWAP, and simple moving averages.

    2 Comments

    1. Saravanan Mohan on March 7, 2023 09:03

      I am following your trade ideas regularly. Thank you for sharing the clear picture about drawing.

      Reply
      • Tolberti on March 7, 2023 09:47

        Amazing, you are welcome!

        Reply

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