📊#BTC Retesting 68500 Resistance?
🧠I woke up today to find that we held the 63000 support and saw a strong rebound, thus negating any expectations of further pullback. I also noticed the price was within a resistance channel at the time, so I tried some short positions. My original plan was to short to a target price around 64000 and then go long, but unfortunately, the price fell slightly short. So, I tried some long positions after the price stabilized around 65000 (S/R), and I'm glad the market moved as expected.
➡️Currently, the price is retesting the resistance around 68500, but I don't want to short here because it's been tested too many times and could easily be broken strongly! The shorting opportunities we should watch are still around the top of the trading range at 71888, and 70000 is also a good resistance level!
➡️If it doesn't reach the absolute resistance level tomorrow, then after a pullback, we can look for support levels to enter long positions.
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BTCUSDT.P
🧠I woke up today to find that we held the 63000 support and saw a strong rebound, thus negating any expectations of further pullback. I also noticed the price was within a resistance channel at the time, so I tried some short positions. My original plan was to short to a target price around 64000 and then go long, but unfortunately, the price fell slightly short. So, I tried some long positions after the price stabilized around 65000 (S/R), and I'm glad the market moved as expected.
➡️Currently, the price is retesting the resistance around 68500, but I don't want to short here because it's been tested too many times and could easily be broken strongly! The shorting opportunities we should watch are still around the top of the trading range at 71888, and 70000 is also a good resistance level!
➡️If it doesn't reach the absolute resistance level tomorrow, then after a pullback, we can look for support levels to enter long positions.
🤜If you like my analysis, please like 💖 and share 💬
BTCUSDT.P ออร์เดอร์ถูกยกเลิก
#BTC Update
The psychological resistance level of 70,000 for BTC is too strong. The market performance is not as expected, failing to directly reach the strong resistance level near 71,888! Therefore, shorting strategies were not triggered. If you participated in some short trades near 70,000, you should now have a decent profit. Please reduce your holdings to lock in your main profits and then look for more opportunities in a risk-free manner. Don't let profits turn into losses!
If the market does not continue its bullish momentum, you can look for some scalping opportunities after a pullback. Support levels worth watching are around 67,000 and 65,988!
Resistance remains around 71,888!
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การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
💎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👇
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน