📊#BTC Double Top Bearish Structure📉
🧠From a structural point of view, we have built a bearish double top structure near the resistance line, but because the main trend is bullish and has not yet reached the heaviest resistance area, we will be bullish and will not easily go short before reaching the heaviest resistance area.
➡️If we make a correction according to the double top bearish structure, the target area of this structure overlaps with the yellow support area, and the overlapping part is regarded as a valid support area. It is reasonable to try some long orders here.
⚠️If an extreme market occurs, then you can pay attention to the next support around 63800
Let's see👀
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BTCUSDT.P
🧠From a structural point of view, we have built a bearish double top structure near the resistance line, but because the main trend is bullish and has not yet reached the heaviest resistance area, we will be bullish and will not easily go short before reaching the heaviest resistance area.
➡️If we make a correction according to the double top bearish structure, the target area of this structure overlaps with the yellow support area, and the overlapping part is regarded as a valid support area. It is reasonable to try some long orders here.
⚠️If an extreme market occurs, then you can pay attention to the next support around 63800
Let's see👀
🤜If you like my analysis, please like💖 and share💬
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🔥🔥Use the invitation link to register and trade, and you can join the spot VIP club for free.🔥🔥
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
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.