📊#BTC reaches the buy zone, beware of rebounds📈
🧠From a structural perspective, the goals of the short structure we built in the resistance zone have all been achieved, so we need to be wary of the risk of rebounds. If a bullish head and shoulders structure can be built near the buy zone in the future, then we expect the downtrend to reverse from here.
➡️If we go straight up from here, the resistance zone worth our attention is 85000-86000.
➡️If we continue to fall, the next support zone worth our attention is 78000-79000.
⚠️Note that overlapping support and resistance zones will change as the structure changes, so we need to keep an eye on the changes in the structure to update the trading plan.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P
🧠From a structural perspective, the goals of the short structure we built in the resistance zone have all been achieved, so we need to be wary of the risk of rebounds. If a bullish head and shoulders structure can be built near the buy zone in the future, then we expect the downtrend to reverse from here.
➡️If we go straight up from here, the resistance zone worth our attention is 85000-86000.
➡️If we continue to fall, the next support zone worth our attention is 78000-79000.
⚠️Note that overlapping support and resistance zones will change as the structure changes, so we need to keep an eye on the changes in the structure to update the trading plan.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P Trade closed: target reached
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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.