✅ We hit the $89K local top exactly as predicted! 📈 🔻 Now, BTC could form a bottom near $72K before the next big move. 🎯 Next target: $120K, followed by an EPIC #Altseason! 🌊🔥
💎 Still holding $BIFI strong! 💰
🚀#Bitcoin #Binance #CryptoTrading #HODL #BullRun
Like & Retweet ❤️ if you're ready for the next leg up! 🔥
🚀 False Breakdown? Elliott Wave Signals a Big Move Ahead! 📈
$BTC
The market often tricks traders with false breakdowns before making a strong reversal move. If you’re following Elliott Wave Theory, this could be a golden opportunity for a long trade! Let’s break it down step by step.
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🔍 Understanding the False Breakdown & Elliott Wave Count
A false breakdown happens when the price temporarily dips below support, triggering stop-losses, before quickly reversing upward. This is often a trap set by big players to shake out weak hands before the real move begins.
💡 Elliott Wave Count Suggests a Strong Reversal! According to Elliott Wave Theory, price movements follow a five-wave structure in the direction of the trend. A false breakdown could signal the end of a correction (Wave 4) and the beginning of Wave 5, which is usually a strong bullish move.
Why This Setup Works? ✅ A false breakdown traps sellers, leading to a strong bounce. ✅ Elliott Wave count suggests a potential Wave 5 breakout. ✅ Re-entering the descending channel confirms bullish strength.
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📊 How to Trade This Move Effectively?
1️⃣ Wait for Confirmation → Don’t jump in too early! Enter only when the price re-enters the descending channel. 2️⃣ Manage Risk with Stop-Loss → Set SL at 84,795 to protect against unexpected moves. 3️⃣ Trail Your Profits → Once the price moves towards 87,500, consider trailing your stop-loss higher to lock in gains. 4️⃣ Watch for Volume & Momentum → A strong bounce with high volume increases the chances of a successful breakout.
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🚀 Why This Trade Could Be a Game-Changer?
🔥 Elliott Wave is a proven strategy for catching big moves. 🔥 A false breakdown reversal often leads to explosive upside as short-sellers rush to cover. 🔥 The risk-to-reward ratio is favorable, making this trade setup highly profitable.
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📢 Pro Tips for Traders
✅ Use Additional Indicators – Combine Elliott Waves with RSI, MACD, or Bollinger Bands for confirmation. ✅ Keep an Eye on Market Sentiment – Watch for news or whale movements that could impact price. ✅ Be Patient & Disciplined – Don’t chase the trade; wait for the right entry!
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💎 Ready to ride the wave? Stay sharp, manage risk, and trade smart! 💎
📢 What’s your take on this setup? Share your thoughts in the comments! 🚀📊
I have shorted all my wallet from 86,600 let’s see what comes next
CRYPTO S H A R K S
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Bullish
🚀 $BTC /USDT – Bullish reversal in play! 🔥 Watch for a breakout! 💯 Price: $87,440 (+0.05%) 📈 Market structure: Strong uptrend continues with higher lows, recent consolidation has formed support near $87,200. Price bounces right off the rising trendline, signaling continuation. 📊 Price action analysis: Bullish bounce on the 15-minute chart, reclaiming local support with a clean bullish candle. Momentum is rebounding just below $87,500 – a breakout looks imminent. 📌 Trade Setup: • Entry: $87,200–$87,450 (trend line and demand zone) • TP1: $88,000 • TP2: $89,200 • TP3: $90,500 • Stop Loss: Below $86,800 ⚠️ Why This Setup Is Important: BTC is showing resilience above its average support, with demand entering the range around $87.2K. If momentum continues, we could see a quick rally towards the $88K–$90K zone. 💡 Pro Tip: Be on the lookout for a strong 15-minute close above $87,500 – this could trigger a wave of momentum buying. All eyes on the king of BTC – the next leg of the rally could already be afoot! $BTC
#USJobsSlump #WhiteHouseCryptoSummit Taking decision for making a stronger and great America will surely impact the Crypto Market. We will see a major dump soon. $ETH $BTC