📊#BTC Bearish Head and Shoulders📉
🧠From a structural perspective, we are currently in the blue resistance zone and have formed a bearish head and shoulders structure, so we need to be wary of the risk of a pullback.
➡️If the price breaks through the inflection point 86516 again, it means that the blue resistance has turned into a support zone. If we can stabilize in this area, a bullish cup and handle structure will be formed, and we can participate in some long trades according to this structure.
Let's see👀
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BTCUSDT.P
🧠From a structural perspective, we are currently in the blue resistance zone and have formed a bearish head and shoulders structure, so we need to be wary of the risk of a pullback.
➡️If the price breaks through the inflection point 86516 again, it means that the blue resistance has turned into a support zone. If we can stabilize in this area, a bullish cup and handle structure will be formed, and we can participate in some long trades according to this structure.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P Trade closed: stop reached
The market has formed a rapid rise under the influence of Trump's news, breaking through the blue resistance area, and the bearish head and shoulders structure has failed.
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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.