📊#BTC Support Levels to Watch?
🧠From a structural perspective, the downtrend isn't over yet. We're about to test the support around 65,000, a price level that has acted as support multiple times, so it's worth our attention!
➡️Extreme support is around 60,398, and extreme resistance is around 71,888. Neither has been tested twice yet, so they're worth watching!
⚠️Please note that we are currently in a bear market, and the risk of long positions is higher than short positions. Therefore, please manage your risk carefully!
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BTCUSDT.P
🧠From a structural perspective, the downtrend isn't over yet. We're about to test the support around 65,000, a price level that has acted as support multiple times, so it's worth our attention!
➡️Extreme support is around 60,398, and extreme resistance is around 71,888. Neither has been tested twice yet, so they're worth watching!
⚠️Please note that we are currently in a bear market, and the risk of long positions is higher than short positions. Therefore, please manage your risk carefully!
🤜If you like my analysis, please like 💖 and share 💬
BTCUSDT.P Trade active
#BTC
The support zone has given feedback; reduce holdings by 70%!
Move SL to the entry point.
Don't do it a second time for now.
Trade closed manually
After locking in 70% profit on long positions, the positions were automatically closed when the cost price was reached!Making even a small profit during a market crash is incredibly fortunate!
This market will never lack opportunities; what it will always lack is the ability to survive in it!
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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👇
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.