📊Will #BTC continue to fall?
From a structural perspective, we are still in a downward - trend, and the downward risk has not been lifted.
Currently, we are hindered by the neck - line and also by the lower edge of the ascending wedge. Be wary of the risk of continuous decline.
If we want to reverse the downward trend, we need to construct a bull structure of the same cycle near 65,000 (as shown in the black dashed trajectory in the diagram).
The short - term support is near 65,600, and a good support is near 64,000.
If there is no further decline, the resistance level worthy of our attention is near 68,000.
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BTCUSDT.P
From a structural perspective, we are still in a downward - trend, and the downward risk has not been lifted.
Currently, we are hindered by the neck - line and also by the lower edge of the ascending wedge. Be wary of the risk of continuous decline.
If we want to reverse the downward trend, we need to construct a bull structure of the same cycle near 65,000 (as shown in the black dashed trajectory in the diagram).
The short - term support is near 65,600, and a good support is near 64,000.
If there is no further decline, the resistance level worthy of our attention is near 68,000.
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P Trade ativo
Trade fechado: objetivo atingido
#BTC USDT.P Crossing 65638
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💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.