📊#BTC reaches the second resistance zone✔️
🧠From a structural perspective, our goal of building a long structure from the second support zone has been achieved, so we continue to reduce our holdings by 30% here, locking in a total of 80% profit.
➡️After reducing holdings in the same cycle structure, we can try to use a small position to expect the continuation of the long force. Because we have not yet reached the upper edge of the rising channel and the downtrend line, I think we can still expect more.
⚠️The closer we are to the downtrend line, the more we should be wary of the risk of a pullback. If we start to fall directly from here, then we can pay attention to the buying opportunities in the yellow support zone.
Let's see👀
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BTCUSDT.P
🧠From a structural perspective, our goal of building a long structure from the second support zone has been achieved, so we continue to reduce our holdings by 30% here, locking in a total of 80% profit.
➡️After reducing holdings in the same cycle structure, we can try to use a small position to expect the continuation of the long force. Because we have not yet reached the upper edge of the rising channel and the downtrend line, I think we can still expect more.
⚠️The closer we are to the downtrend line, the more we should be wary of the risk of a pullback. If we start to fall directly from here, then we can pay attention to the buying opportunities in the yellow support zone.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P Trade closed: target reached
#BTC USDT.P Crossing 87600
🎯TP3✔️
✔️Complete all TP🌕
➡️Close position🍻
Approaching the downward trend line.
Reaching the blue resistance zone.
In extreme cases, we may go to the weekly resistance zone, which is 92800-93800. But it may be difficult to go up directly, so we will not be greedy.
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⚡️Timely updates and VIP consultation on Telegram: 👇
t.me/+9dh7Ug_iQ2lkMmM0
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
wolf20
👇BYBIT 👇
WOLFKING
👇BINANCE👇
O3D948JZ
t.me/+9dh7Ug_iQ2lkMmM0
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
wolf20
👇BYBIT 👇
WOLFKING
👇BINANCE👇
O3D948JZ
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.