📊#BTC Downside risk has not been lifted⚠️
🧠Unfortunately, it is $34 away from the second target of our short strategy of 103,000.
But don't worry, the ideal target area of the short structure has not been achieved, and the downside risk has not been lifted, so we still need to look for short opportunities after the rebound.
➡️From the current structure, the aggressive pressure level is around 106,000, and the overlapping resistance area is around 106,500-107,800.
⚠️The weekend's rise is deceptive and belongs to the repair stage after the big drop. We may see a bigger drop next week!
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P
🧠Unfortunately, it is $34 away from the second target of our short strategy of 103,000.
But don't worry, the ideal target area of the short structure has not been achieved, and the downside risk has not been lifted, so we still need to look for short opportunities after the rebound.
➡️From the current structure, the aggressive pressure level is around 106,000, and the overlapping resistance area is around 106,500-107,800.
⚠️The weekend's rise is deceptive and belongs to the repair stage after the big drop. We may see a bigger drop next week!
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P Ordine annullato
#BTC Update
Unfortunately, it is about $200 away from our second entry point.
The pullback has already occurred, cancel this trading strategy. If you have tried a short trade near 106500, then move the SL down to the recent high of 106458 to expect more in a low or no risk way.
From a structural point of view, a long structure of the same period is built near the support line, so the probability of continuing the double top bearish structure is reduced. If we can break through the resistance near 106500 and stabilize, then we have a chance to fill the gap near 109200.
Patiently wait for new trading signals to appear. ☕️
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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👇
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.