📊 Is the #BTC pullback over?
đź§ From a structural perspective, a bearish structure has formed on both the 1-hour and 4-hour charts, so we should be wary of the risk of a further pullback.
➡️Resistance is the area formed by the two necklines (114675-115729).
Support is primarily the overlap between the yellow and green areas (110000-111688). If we can establish a bullish structure on the 1-hour chart here, we still have a chance of continuing the bullish trend.
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BTCUSDT.P
đź§ From a structural perspective, a bearish structure has formed on both the 1-hour and 4-hour charts, so we should be wary of the risk of a further pullback.
➡️Resistance is the area formed by the two necklines (114675-115729).
Support is primarily the overlap between the yellow and green areas (110000-111688). If we can establish a bullish structure on the 1-hour chart here, we still have a chance of continuing the bullish trend.
🤜If you like my analysis, please like 💖 and share 💬
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đź’ŽUse WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
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🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
