📊#BTC Ascending Triangle📈
🧠From a structural perspective, we have been consolidating sideways in the blue resistance area to digest the selling pressure here, so we need to be alert to the risk of further surges. The resistance to note is around 89,000-90,000.
➡️From a graphical perspective, the price is gradually being compressed to form an ascending triangle. Generally, we regard this model as a signal that the trend is about to end. We are currently in an upward trend at the 4h level, so we need to be alert to the correction after the trend ends.
⚠️Note that if we fall below the yellow turning point 86,984, the market will choose to break down, which means that the correction phase will start early.
Let's see👀
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BTCUSDT.P
🧠From a structural perspective, we have been consolidating sideways in the blue resistance area to digest the selling pressure here, so we need to be alert to the risk of further surges. The resistance to note is around 89,000-90,000.
➡️From a graphical perspective, the price is gradually being compressed to form an ascending triangle. Generally, we regard this model as a signal that the trend is about to end. We are currently in an upward trend at the 4h level, so we need to be alert to the correction after the trend ends.
⚠️Note that if we fall below the yellow turning point 86,984, the market will choose to break down, which means that the correction phase will start early.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P Trading ditutup secara manual
#BTC
Market development does not meet the expectations of the ascending triangle
The price reached near the cost price and the escape was successful.
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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👇
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.