📊#BTC Retests S/R✔️
🧠We ultimately failed to stabilize in the yellow support zone around 92588, so the yellow support zone has now turned into a blue resistance zone. The lower edge of the ascending channel is also located here, making this a significant resistance level.
➡️Our lowest price didn't break below the 89700 support; instead, it rebounded quickly. Therefore, I tried to take some long positions here, hoping for a further rebound.
⚠️Note that there is still an unfilled gap in the CME below. Therefore, if we don't strongly break through 91700, we need to be aware of the risk of another pullback.
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BTCUSDT.P
🧠We ultimately failed to stabilize in the yellow support zone around 92588, so the yellow support zone has now turned into a blue resistance zone. The lower edge of the ascending channel is also located here, making this a significant resistance level.
➡️Our lowest price didn't break below the 89700 support; instead, it rebounded quickly. Therefore, I tried to take some long positions here, hoping for a further rebound.
⚠️Note that there is still an unfilled gap in the CME below. Therefore, if we don't strongly break through 91700, we need to be aware of the risk of another pullback.
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P Giao dịch đang hoạt động
#BTC Update
We ultimately chose to fill the CME gap and started the rebound, forming a bullish double bottom pattern here, so we need to be wary of further rallies.
Since we broke below the lower edge of the flag pattern, the probability of a bear market has increased, so we need to watch for shorting opportunities at the overlapping resistance zone above.
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💎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👇
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.