wolf_king888

wolf_king888 Updated 

📊#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...

wolf_king888 Updated 

📊#BTC reaches the second support, beware of rebound⚠️ 🧠From a structural point of view, we have built a short structure within the 1h level, so a pullback is reasonable. However, there is a long structure at the 4h level, so it is difficult for the structure within the small level to reverse the upward trend of the large level. And we have reached the second...

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📊#BTC Support and Resistance Conversion📊 🧠From a structural perspective, we have successfully broken through the blue resistance zone, so the blue resistance zone has turned into the yellow support zone. So we can pay attention to the long opportunities when the price falls back to the support zone. ➡️Because the downward trend at the daily level has not ended,...

wolf_king888 Updated 

📊#BTC resistance has not been broken, beware of pullbacks! 🧠From a structural point of view, we have not broken through the blue resistance zone, and a short structure has been built near the resistance zone, so we need to be wary of the risk of pullbacks! ➡️If we want to participate in long transactions, it is best to find support at a low level to participate....

wolf_king888 Updated 

📊#BTC breaks resistance, what's next? 🧠From a structural perspective, we broke through the resistance near 84500 that was tested many times, so resistance will turn into support, but since we are in the blue resistance zone, we need to be conservative in chasing up here. The next strong resistance is near 86000, and the extreme pressure is near the downward trend...

wolf_king888 Updated 

📊#BTC Horizontal Consolidation Expected📊 🧠From a structural perspective, we still failed to successfully break through the resistance of 84,500, but there was no rapid callback. Instead, we were doing horizontal consolidation to digest the selling pressure near the blue pressure zone, so we can maintain the sideways fluctuation to execute the transaction. This is...

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📊 Is the #BTC downtrend over? 🧠From a structural perspective, the current rally is over. If we want to reverse the daily downtrend, we need to build a bullish structure of the same cycle. That is to say, we can only remain optimistic if we succeed in standing above 84,500. ➡️If we continue to break below the low L: 76,562, the next support area worth our...

wolf_king888

📊#BTC reaches target zone✔️ 🧠The weekly close is below the grey zone, so this zone has turned into the blue resistance zone (W). ➡️From a structural point of view, we have reached the support line and the target zone of the small bearish structure is also here, so don't chase the short here, if the price can rebound to the blue resistance zone or the lower edge...

wolf_king888 Updated 

📊#BTC Descending Triangle📉 🧠From a graphical perspective, we broke below the lower edge of the triangle, so we need to be wary of further declines. ➡️From a structural perspective, we broke below the support zone (84000-86000), so support turned into resistance. If the price returns to this area again, consider participating in some short trades. Let's...

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📊#BTC complex consolidation phase📊 🧠It is approaching the weekend, and the price is still running below the gray range. If the closing price this week is below the gray range, then the gray range will completely turn into the blue resistance zone, which is not a good signal, which means that the probability of further decline will increase. ➡️From a structural...

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📊#BTC support turns into resistance, cautiously bullish ⚠️ 🧠Due to the turbulence of the international situation, it has gradually fed back to the investment market, so recent transactions will become more difficult, so we should choose to observe and wait for the right opportunity to appear. ➡️From a structural point of view, we did not stabilize in the support...

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📊#BTC Downtrend Ended? 🧠From a structural perspective, the risk of further decline has not been lifted, because the short structure at the daily level is still intact and the downward trend line has not been effectively broken, so the next period of time is likely to be dominated by complex consolidation. ➡️If we can successfully break through the inflection...

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📊#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...

wolf_king888

📊#ETH falling wedge? 🧠From a structural perspective, the yellow support zone was broken yesterday, so it turned into a resistance zone. Although there was a good touch response yesterday, it was a pity that the bullish power did not continue. The breaking of the bullish defense point means that a larger short structure has appeared. Therefore, we cannot be too...

wolf_king888

📊#BTC continues to break support, what's next? 🧠From a structural perspective, yesterday's break below the 84,000-86,000 support zone means we broke below the candlestick concentration zone ahead. Although the price has recovered now, the market has given a more pessimistic signal, so we need to respect the market. Yesterday, we also mentioned that the downside...

wolf_king888 Updated 

📊#ETH breaks downtrend line📈 🧠We broke downtrend line and formed a long structure, but we are currently in resistance zone, so we need to wait for price to return to downtrend line or yellow support zone before we can participate in new long trades. ➡️If we can form an ascending triangle in current resistance zone and break through, then I will consider...

wolf_king888 Updated 

📊 Is the decline of #BTC over? 💬 🧠From a structural point of view, we started to rebound after hitting the support area of ​​84000-86000, and successfully broke through the downward trend line, which means that the downward trend at the 1-hour level has ended, and we need to be alert to the risk of rebound. ➡️From a graphical point of view, an ascending wedge is...

wolf_king888 Updated 

📊#BTC reaches the buy zone, beware of rebound⚠️ 🧠From a structural perspective, the support zone of 94000-95000 was broken, which continued the strength of the bears. This support zone has been tested many times. After being broken, it will turn into a resistance zone. Generally, it may be blocked and fall back when it reaches here for the first time. The target...