wolf_king888

wolf_king888

🧠While I expect BTC to hold the support line, there are too many bears. Through the data on the chain, we can see that a large number of BTC and ETH have poured into exchanges in recent days and are waiting to be sold, so we need to be extra cautious. Whether the $25,000 can be hold is also critical, if not, then there is likely to be a huge dump and sweep...

wolf_king888

👀By observation we can see that FLM has been running in this mode for more than a year. This is a coin heavily manipulated by whales, which speaks to its high popularity. 🧠This time the RSI has appeared an unprecedented overbought state and broke through the wedge pattern, so I think the performance this time should be better. Do you choose A to go to the moon...

wolf_king888

🧠In my opinion, if BTC fails to hold the wedge support line, and there is a huge dump, then it means that the correction phase is over. Note that we have to sweep the previous low to declare the end of the correction phase ☕️This is my interesting guess on the possible future trajectory of BTC. What do you think?

wolf_king888

✔️As expected, we reacted well after touching the LL yellow support line and set up a successful trade here. Now that the first goal has been achieved, we will close some positions and move SL to breakeven☕️

wolf_king888

🧠ETH's PA is clean and the model is clear. If we continue to operate in the adjustment range, then short-term gains are possible. Let's see👀

wolf_king888

🧠With the start of the huge dumping on August 17th, BTC entered a 17-day correction phase, and since the dumping was huge enough, I don't think the correction phase will end anytime soon, so there is a high probability of another short-term rise 👀Do you think BTC will rise or fall? Please leave your opinion in the comment area

wolf_king888 Updated 

🧠After a 217-day downward adjustment cycle, GALA is close to the lowest point in December 2023. The entire correction period forms a triangle structure, and we can set up trades by watching how the price reacts after touching LL Let's see👀

wolf_king888 Updated 

I'm shorting some BTC here, and the power to withdraw is great, but I don't think it will break through the previous high, otherwise there will be a reversal. All we have to do now is be patient