📊#BTC Rising Wedge?
🧠From a structural perspective, we're retesting the S/R pattern, which has been tested multiple times and is a support/resistance conversion zone. The price is currently facing resistance after rising from below. If we can't break through effectively, we need to be wary of a pullback.
➡️From a model perspective, a rising wedge pattern appears to be forming here. This pattern forms during a downtrend and is therefore considered a bearish pattern, requiring caution regarding a potential pullback!
⚠️Note that if we break through the previous high H again, the bearish expectation will weaken, and the next resistance zone to watch will be around 70000-72300.
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BTCUSDT.P
🧠From a structural perspective, we're retesting the S/R pattern, which has been tested multiple times and is a support/resistance conversion zone. The price is currently facing resistance after rising from below. If we can't break through effectively, we need to be wary of a pullback.
➡️From a model perspective, a rising wedge pattern appears to be forming here. This pattern forms during a downtrend and is therefore considered a bearish pattern, requiring caution regarding a potential pullback!
⚠️Note that if we break through the previous high H again, the bearish expectation will weaken, and the next resistance zone to watch will be around 70000-72300.
🤜Follow me, and I'll guide you through market changes. Remember to like💖 and share💬
BTCUSDT.P İşlem aktif
#BTC
The price is close to the support at the lower edge of the rising wedge. If your profit is enough, you can manually reduce your holdings by 50%.
İşlem kapandı: hedefe ulaştı
#BTC USDT.P Crossing 60,800.0
🎯TP1✔️
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➡️SL moves to breakeven⚖️
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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.