📊#BTC Reached Resistance Zone✔️
🧠From a structural perspective, we have reached the resistance zone around 62300-63300, which is also close to the lower edge resistance line of the descending triangle. Therefore, our short positions have been activated here.
➡️60300-60800 is a support-resistance conversion zone, which has now become a support zone and can be our first target zone.
➡️The second target zone is around 58800, which is a monthly support-resistance line. The third target can still be watched for the support level around 57777.
⚠️Today's spot trading is still showing a net outflow! The trading volume has not gradually increased, so this rise can only be defined as a rebound phase in a downtrend. Therefore, please be wary of the risk of further decline.
🤜Follow me, and I will guide you through market changes. Remember to like💖 and share💬
BTCUSDT.P
🧠From a structural perspective, we have reached the resistance zone around 62300-63300, which is also close to the lower edge resistance line of the descending triangle. Therefore, our short positions have been activated here.
➡️60300-60800 is a support-resistance conversion zone, which has now become a support zone and can be our first target zone.
➡️The second target zone is around 58800, which is a monthly support-resistance line. The third target can still be watched for the support level around 57777.
⚠️Today's spot trading is still showing a net outflow! The trading volume has not gradually increased, so this rise can only be defined as a rebound phase in a downtrend. Therefore, please be wary of the risk of further decline.
🤜Follow me, and I will guide you through market changes. Remember to like💖 and share💬
BTCUSDT.P İşlem elle kapatılmış
We broke above the upper boundary of the descending triangle—coming perilously close to the stop-loss level!
At the same time, with the weekly close above $63,300, the probability of a further plunge following a break to new lows has diminished; instead, bullish signs have emerged.
Consequently, we manually closed the short position.
💎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👇
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
💎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👇
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.