📊Will #BTC continue to fall?
From a structural perspective, we are still in a downward - trend, and the downward risk has not been lifted.
Currently, we are hindered by the neck - line and also by the lower edge of the ascending wedge. Be wary of the risk of continuous decline.
If we want to reverse the downward trend, we need to construct a bull structure of the same cycle near 65,000 (as shown in the black dashed trajectory in the diagram).
The short - term support is near 65,600, and a good support is near 64,000.
If there is no further decline, the resistance level worthy of our attention is near 68,000.
🤜If you like my analysis, please like💖 and share💬

BTCUSDT.P
From a structural perspective, we are still in a downward - trend, and the downward risk has not been lifted.
Currently, we are hindered by the neck - line and also by the lower edge of the ascending wedge. Be wary of the risk of continuous decline.
If we want to reverse the downward trend, we need to construct a bull structure of the same cycle near 65,000 (as shown in the black dashed trajectory in the diagram).
The short - term support is near 65,600, and a good support is near 64,000.
If there is no further decline, the resistance level worthy of our attention is near 68,000.
🤜If you like my analysis, please like💖 and share💬
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💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
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🔗 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👇
相關出版品
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
