#wolf_king88
wolf_king88
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📊#BTC Bear Flag?
🧠From a structural perspective, we failed to break below the 73670 turning point, instead finding support near 74600, further extending the bullish trend. This means the potential bearish head and shoulders pattern hasn't materialized. After breaking through previous highs, we need to be wary of a further rise to fill the CME gap (79600-84000).
➡️As I mentioned in the previous analysis, if we don't break below the ascending channel, we still need to be cautious of a bearish outlook! From a larger timeframe perspective, a bear flag seems to have formed again, so we need to be wary of a potential crash. After all, we are currently in a bear market. When the market price fills the CME gap near 80000, it will be our last chance to escape. If your spot holding cost price is near this price range, remember to get out immediately! 38888-50000 is the range worth buying!
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#Wolf_king88 $BTC
🧠From a structural perspective, we failed to break below the 73670 turning point, instead finding support near 74600, further extending the bullish trend. This means the potential bearish head and shoulders pattern hasn't materialized. After breaking through previous highs, we need to be wary of a further rise to fill the CME gap (79600-84000).
➡️As I mentioned in the previous analysis, if we don't break below the ascending channel, we still need to be cautious of a bearish outlook! From a larger timeframe perspective, a bear flag seems to have formed again, so we need to be wary of a potential crash. After all, we are currently in a bear market. When the market price fills the CME gap near 80000, it will be our last chance to escape. If your spot holding cost price is near this price range, remember to get out immediately! 38888-50000 is the range worth buying!
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📊#BTC Potential bearish head and shoulders?
🧠 From a structural perspective, the target zone of the bullish structure has been achieved (the red zone). Therefore, we need to be vigilant against the risk of a pullback. If it further breaks through the previous high, the next resistance level worthy of attention is around 78,900. If it falls below the inflection point at 73,670, it will mean that the bearish head and shoulders pattern is established, and we need to be wary of the risk of further sharp declines!
➡️ From a model perspective, we have been moving within the ascending channel. Before breaking below this ascending channel, we still need to be alert to the possibility of further continuation of the bullish trend. Therefore, to be conservative, we can patiently wait to short when it breaks below the lower edge of this channel.
➡️ If it breaks below this ascending channel, the short - term support is around 72,200, and for the more distant support, we can pay attention to the overlapping area of the CME gap and the green demand zone.
⚠️ Please do not forget to implement good risk management!
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#Wolf_king88 $BTC
🧠 From a structural perspective, the target zone of the bullish structure has been achieved (the red zone). Therefore, we need to be vigilant against the risk of a pullback. If it further breaks through the previous high, the next resistance level worthy of attention is around 78,900. If it falls below the inflection point at 73,670, it will mean that the bearish head and shoulders pattern is established, and we need to be wary of the risk of further sharp declines!
➡️ From a model perspective, we have been moving within the ascending channel. Before breaking below this ascending channel, we still need to be alert to the possibility of further continuation of the bullish trend. Therefore, to be conservative, we can patiently wait to short when it breaks below the lower edge of this channel.
➡️ If it breaks below this ascending channel, the short - term support is around 72,200, and for the more distant support, we can pay attention to the overlapping area of the CME gap and the green demand zone.
⚠️ Please do not forget to implement good risk management!
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#Wolf_king88 $BTC
📊#BTC Rising Wedge?
🧠From a structural perspective, we have reached the red bullish target area, so we need to be wary of the risk of a pullback!
➡️From a chart perspective, there is a chance that a rising wedge will form here, and we generally follow this pattern when the price starts to fall.
➡️Because it touched the second entry point of 73700, our average price has come to around 73000, thus meeting the exit condition of the trading strategy. Therefore, we should exit this trade first and then look for a new entry opportunity. (Wait patiently for the reversal condition to be met.)
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#Wolf_king88 $BTC
🧠From a structural perspective, we have reached the red bullish target area, so we need to be wary of the risk of a pullback!
➡️From a chart perspective, there is a chance that a rising wedge will form here, and we generally follow this pattern when the price starts to fall.
➡️Because it touched the second entry point of 73700, our average price has come to around 73000, thus meeting the exit condition of the trading strategy. Therefore, we should exit this trade first and then look for a new entry opportunity. (Wait patiently for the reversal condition to be met.)
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📊#BTC Extended Wedge?
🧠From a structural perspective, we still haven't seen a strong breakout. It hasn't even reached the resistance zone around 73600 that I'm watching. We've attempted to break upwards three times without success, indicating market weakness. If the market price can't stabilize above 72200 today, then we need to be wary of the risk of a sharp drop!
➡️The support around 70600 has acted as support three times. If the price comes back here, I think its effectiveness as support will be greatly reduced. The support around 70000 might be more effective. The more noteworthy support zone is around 67600, with extreme support around 65600!
➡️From a model perspective, there's a chance of an extended wedge forming here. This model is in a resistance zone, so we need to be wary of a potential decline.
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#Wolf_king88 $BTC
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🧠From a structural perspective, we still haven't seen a strong breakout. It hasn't even reached the resistance zone around 73600 that I'm watching. We've attempted to break upwards three times without success, indicating market weakness. If the market price can't stabilize above 72200 today, then we need to be wary of the risk of a sharp drop!
➡️The support around 70600 has acted as support three times. If the price comes back here, I think its effectiveness as support will be greatly reduced. The support around 70000 might be more effective. The more noteworthy support zone is around 67600, with extreme support around 65600!
➡️From a model perspective, there's a chance of an extended wedge forming here. This model is in a resistance zone, so we need to be wary of a potential decline.
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#Wolf_king88 $BTC
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#BTC Update
It is difficult to fall here and there is a possibility of further continuation of the bullish trend, so this short trade is canceled.
If it does fall, then look for long opportunities near the support and follow the trend.
#Wolf_king88 $BTC
It is difficult to fall here and there is a possibility of further continuation of the bullish trend, so this short trade is canceled.
If it does fall, then look for long opportunities near the support and follow the trend.
#Wolf_king88 $BTC
📊#BTC reaches the target area, beware of pullbacks⚠️
🧠From a structural point of view, we have support near H1, and built a bullish head and shoulders structure, and broke through the downward trend line, so it is very reasonable to have such a rise.
➡️Unfortunately, the price did not reach the 105,000 support that I wanted to pay attention to, and this rise happened when I was sleeping, so I missed it.
➡️But now the price has reached the 110,000 pressure area that I am concerned about, and has reached the target area of the bullish head and shoulders structure. So I will not chase the rise in the resistance area, but I will look for some shorting opportunities.
⚠️Note that the main trend is long, so shorting is a counter-trend transaction, and we need to be cautious. Try to pay attention to the opportunity to go long on the pullback. The more aggressive support is near 108,000, and the more conservative support is near H1. It has been tested twice here. Will it be tested for the third time?
Let's see👀
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🧠From a structural point of view, we have support near H1, and built a bullish head and shoulders structure, and broke through the downward trend line, so it is very reasonable to have such a rise.
➡️Unfortunately, the price did not reach the 105,000 support that I wanted to pay attention to, and this rise happened when I was sleeping, so I missed it.
➡️But now the price has reached the 110,000 pressure area that I am concerned about, and has reached the target area of the bullish head and shoulders structure. So I will not chase the rise in the resistance area, but I will look for some shorting opportunities.
⚠️Note that the main trend is long, so shorting is a counter-trend transaction, and we need to be cautious. Try to pay attention to the opportunity to go long on the pullback. The more aggressive support is near 108,000, and the more conservative support is near H1. It has been tested twice here. Will it be tested for the third time?
Let's see👀
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#BTC Update
The blue resistance zone has been broken, turning into support.
The market performance has not met expectations, so we added to our short position at a high level, raised our purchase price, and closed the short trade when the price reached near our purchase price.
The FOMC meeting is approaching, which means significant volatility is imminent, so please be sure to manage your risk!
Currently, the price is testing the yellow support zone again, and I believe we could continue higher from here.
If the yellow support zone and the yellow turning point are broken again, we should be wary of a deeper correction.
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The blue resistance zone has been broken, turning into support.
The market performance has not met expectations, so we added to our short position at a high level, raised our purchase price, and closed the short trade when the price reached near our purchase price.
The FOMC meeting is approaching, which means significant volatility is imminent, so please be sure to manage your risk!
Currently, the price is testing the yellow support zone again, and I believe we could continue higher from here.
If the yellow support zone and the yellow turning point are broken again, we should be wary of a deeper correction.
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📊#ETH reaches the target zone ✔️
🧠From a structural perspective, the goals of the double bottom long structure have all been achieved, and the goals of the ascending triangle have all been achieved, so we need to be wary of the expectation of a pullback.
➡️Although the goals have all been achieved, it is a pity that our long orders were swept after setting the breakeven. This is how trading works. When you reduce risk, it means reducing future profit margins, but such good habits can keep you alive for a long time.
➡️If there is a pullback, the short-term support levels worth paying attention to are 3322 and 3394.
⚠️If we consolidate horizontally, then we need to pay attention to the breakthrough opportunities after the price is compressed to the limit.
Let's see👀
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#Wolf_king88 $ETH
🧠From a structural perspective, the goals of the double bottom long structure have all been achieved, and the goals of the ascending triangle have all been achieved, so we need to be wary of the expectation of a pullback.
➡️Although the goals have all been achieved, it is a pity that our long orders were swept after setting the breakeven. This is how trading works. When you reduce risk, it means reducing future profit margins, but such good habits can keep you alive for a long time.
➡️If there is a pullback, the short-term support levels worth paying attention to are 3322 and 3394.
⚠️If we consolidate horizontally, then we need to pay attention to the breakthrough opportunities after the price is compressed to the limit.
Let's see👀
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📊#BTC enters neckline resistance zone⚠️
🧠From a structural perspective, we hit the daily neckline support and began to rebound. Unfortunately, it's about $170 away from the overlapping support zone I'm focused on, and the rebound didn't establish a 1-hour bullish structure. This suggests a high probability of encountering resistance and a pullback after this rebound. Therefore, don't chase the rally at the neckline resistance zone! Only if we can break through the neckline resistance zone and stabilize for a day or so should we actively consider a bullish move.
➡️Support is clearly around 120,000. Even if it falls below this level, as long as the 4-hour closing price is above it, this support level will remain valid. Extreme support is still around 110,000!
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#Wolf_king88 $BTC
🧠From a structural perspective, we hit the daily neckline support and began to rebound. Unfortunately, it's about $170 away from the overlapping support zone I'm focused on, and the rebound didn't establish a 1-hour bullish structure. This suggests a high probability of encountering resistance and a pullback after this rebound. Therefore, don't chase the rally at the neckline resistance zone! Only if we can break through the neckline resistance zone and stabilize for a day or so should we actively consider a bullish move.
➡️Support is clearly around 120,000. Even if it falls below this level, as long as the 4-hour closing price is above it, this support level will remain valid. Extreme support is still around 110,000!
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📊#BTC is about to test support ⚠️
🧠From a structural perspective, the 8-hour support zone has been broken, turning into resistance. Optimism remains only if this zone is successfully broken and stabilized. Currently, the price is within the 12-hour support zone, and there has been no rapid test of the important support zone of 110,000-112,000. I believe the probability of a test of this support zone is still high, so please ensure proper risk management.
Let's see 👀
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#Wolf_king88 $BTC
🧠From a structural perspective, the 8-hour support zone has been broken, turning into resistance. Optimism remains only if this zone is successfully broken and stabilized. Currently, the price is within the 12-hour support zone, and there has been no rapid test of the important support zone of 110,000-112,000. I believe the probability of a test of this support zone is still high, so please ensure proper risk management.
Let's see 👀
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#BTC Update
We broke directly below both L1 and L2, signaling the emergence of a bearish structure in the 1-hour and 4-hour charts, so we should be wary of a further pullback.
After breaking below L2 again, we added a long order of the same size, and therefore exited the long position near our cost price after the rebound.
If we can break through the blue turning point of 116,000, we have the potential for a further rebound. If the price can reclaim above 118,000 next Monday, we have a chance to continue the bullish trend. Otherwise, we should be wary of the risk of a further pullback. We should keep an eye on the next support level around 111,500.
#Wolf_king88 $BTC
We broke directly below both L1 and L2, signaling the emergence of a bearish structure in the 1-hour and 4-hour charts, so we should be wary of a further pullback.
After breaking below L2 again, we added a long order of the same size, and therefore exited the long position near our cost price after the rebound.
If we can break through the blue turning point of 116,000, we have the potential for a further rebound. If the price can reclaim above 118,000 next Monday, we have a chance to continue the bullish trend. Otherwise, we should be wary of the risk of a further pullback. We should keep an eye on the next support level around 111,500.
#Wolf_king88 $BTC
📊#BTC Potential Trading Opportunities🔥
🧠We've been trading sideways for quite some time, and selling pressure has largely been exhausted, so we need to find support to enter a long trade.
➡️From a structural perspective, there's a chance for a bullish head-and-shoulders pattern to form. If this pattern holds, we could see a move above $120,000 or even higher.
Potential support is likely between $116,300 and $117,000.
Short-term resistance is around $120,000.
⚠️Note: A break below L1 would destabilize the structure and significantly reduce bullish expectations.
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🧠We've been trading sideways for quite some time, and selling pressure has largely been exhausted, so we need to find support to enter a long trade.
➡️From a structural perspective, there's a chance for a bullish head-and-shoulders pattern to form. If this pattern holds, we could see a move above $120,000 or even higher.
Potential support is likely between $116,300 and $117,000.
Short-term resistance is around $120,000.
⚠️Note: A break below L1 would destabilize the structure and significantly reduce bullish expectations.
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📊#BTC how will it develop next❓
🧠From a structural point of view, we are currently moving near the weekly resistance zone. We can only judge that we have successfully broken through the resistance zone when the closing price of the weekly candlestick chart is higher than the blue resistance zone, so we still need to remain vigilant before this condition is met.
➡️If we continue to break through the previous high, it means that the bullish power is still continuing, but the breakthrough is near the gray resistance zone, so wait patiently for the opportunity of a pullback before considering participating in long trades.
➡️I am not considering participating in short trades at present, because short trades are still counter-trend trades. I will only look for short trade opportunities after breaking the inflection point 93340 to establish a short structure or the price rises to the red target zone.
⚠️The Federal Reserve interest rate decision will be announced today, and we will wait patiently for the signal of market structure to appear.
Let's see👀
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#Wolf_king88 $BTC
🧠From a structural point of view, we are currently moving near the weekly resistance zone. We can only judge that we have successfully broken through the resistance zone when the closing price of the weekly candlestick chart is higher than the blue resistance zone, so we still need to remain vigilant before this condition is met.
➡️If we continue to break through the previous high, it means that the bullish power is still continuing, but the breakthrough is near the gray resistance zone, so wait patiently for the opportunity of a pullback before considering participating in long trades.
➡️I am not considering participating in short trades at present, because short trades are still counter-trend trades. I will only look for short trade opportunities after breaking the inflection point 93340 to establish a short structure or the price rises to the red target zone.
⚠️The Federal Reserve interest rate decision will be announced today, and we will wait patiently for the signal of market structure to appear.
Let's see👀
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📊#BTC Ascending Triangle📈
🧠From a structural perspective, we are currently in an overlapping resistance zone. We failed to fall further yesterday to build a short structure, but continued to digest the selling pressure here in a sideways consolidation manner. Today, we attacked the heavy resistance area near 95,000 again. Only by breaking through this area can we start the surge mode.
➡️From the perspective of wave theory, there is another opportunity to form a bullish wolf wave here, which also represents a signal that the trend is about to end.
➡️From a morphological perspective, an ascending triangle has formed here, and it has now broken upward. We can expect more gains to appear.
Let's see👀
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🧠From a structural perspective, we are currently in an overlapping resistance zone. We failed to fall further yesterday to build a short structure, but continued to digest the selling pressure here in a sideways consolidation manner. Today, we attacked the heavy resistance area near 95,000 again. Only by breaking through this area can we start the surge mode.
➡️From the perspective of wave theory, there is another opportunity to form a bullish wolf wave here, which also represents a signal that the trend is about to end.
➡️From a morphological perspective, an ascending triangle has formed here, and it has now broken upward. We can expect more gains to appear.
Let's see👀
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📊#ONDO Bullish Head and Shoulders📈
🧠From a structural point of view, we have a bullish head and shoulders structure constructed near the uptrend support line and the yellow support zone, so we expect a nice upside to come.
Let's see👀
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#Wolf_king88 $ONDO
🧠From a structural point of view, we have a bullish head and shoulders structure constructed near the uptrend support line and the yellow support zone, so we expect a nice upside to come.
Let's see👀
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📊 #ETH Bullish Head and Shoulders, Beware of a Rebound ⚠️
🧠From a structural perspective, we've found support at the weekly neckline support area, forming a bullish head and shoulders pattern, suggesting the possibility of a further rally.
➡️Note that we're currently near the 4-hour neckline resistance area. While further gains are possible, be wary of the risk of a pullback. Therefore, consider a small number of long trades. If a pullback occurs, buy again near the next support level of 4100.
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🧠From a structural perspective, we've found support at the weekly neckline support area, forming a bullish head and shoulders pattern, suggesting the possibility of a further rally.
➡️Note that we're currently near the 4-hour neckline resistance area. While further gains are possible, be wary of the risk of a pullback. Therefore, consider a small number of long trades. If a pullback occurs, buy again near the next support level of 4100.
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#BTC Update:
We continue to try some shorts, as the 4h close is below the lower edge of the ascending triangle.
If we do not continue to fall, but instead break our stop loss, it means that the bullish trend is continuing. After the bullish structure is established, we need to look for opportunities in the heavy resistance area (106500-108200) to participate in short trades.
If the 4h close is above 105200, then we can expect further gains.
#Wolf_king88 $BTC
We continue to try some shorts, as the 4h close is below the lower edge of the ascending triangle.
If we do not continue to fall, but instead break our stop loss, it means that the bullish trend is continuing. After the bullish structure is established, we need to look for opportunities in the heavy resistance area (106500-108200) to participate in short trades.
If the 4h close is above 105200, then we can expect further gains.
#Wolf_king88 $BTC
📊#BTC Ascending Triangle
🧠From a structural perspective, the daily upward trend has ended, which means that the correction expectation at the daily level has always existed, so we need to be alert to this possibility and do a good job of risk management. At present, there is no short structure, so if you want to participate in short trading, you need to look for opportunities in the heavy resistance area (106500-108200).
➡️From a graphical perspective, we have been sideways for nearly a month, and the price is gradually being squeezed to form an ascending triangle. At present, the price shows signs of stabilization at the lower edge of the triangle, and we need to be alert to the risk of rebound. Only when the closing price at the 4h level is lower than the lower edge of the triangle or the price falls below the inflection point of 102611, can we think that the market direction has chosen to go down.
⚠️Note that there will be a Fed interest rate decision and geopolitical negotiations in the Middle East today, and the market may fluctuate violently, so be sure to do a good job of risk management.
Let's take a look👀
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🧠From a structural perspective, the daily upward trend has ended, which means that the correction expectation at the daily level has always existed, so we need to be alert to this possibility and do a good job of risk management. At present, there is no short structure, so if you want to participate in short trading, you need to look for opportunities in the heavy resistance area (106500-108200).
➡️From a graphical perspective, we have been sideways for nearly a month, and the price is gradually being squeezed to form an ascending triangle. At present, the price shows signs of stabilization at the lower edge of the triangle, and we need to be alert to the risk of rebound. Only when the closing price at the 4h level is lower than the lower edge of the triangle or the price falls below the inflection point of 102611, can we think that the market direction has chosen to go down.
⚠️Note that there will be a Fed interest rate decision and geopolitical negotiations in the Middle East today, and the market may fluctuate violently, so be sure to do a good job of risk management.
Let's take a look👀
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Voici ma stratégie :
Suivre le thème
Tester les mots liés aux services Binance
Utiliser la communauté
Mot bonus aujourd’hui : ALLOCATE
Tu as un autre mot ? Commente-le !
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📊#ETH descending triangle has failed ✔️
🧠From a structural perspective, we continued the strength of the bullish structure and successfully broke through the resistance near 3550, so the expectation of the descending triangle has failed. Without the expectation of further decline, we only have the expectation of bullishness, so pay attention to the opportunity of callback to continue to participate in long transactions.
➡️The long orders we hold are based on the views mentioned in the previous post. I found that the long transactions involved after the price stabilized at the upper edge of the gray range. Fortunately, the market development is as expected. Congratulations to friends who follow the wolf king to print money. 💰🍻🎉
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#Wolf_king88 $ETH
🧠From a structural perspective, we continued the strength of the bullish structure and successfully broke through the resistance near 3550, so the expectation of the descending triangle has failed. Without the expectation of further decline, we only have the expectation of bullishness, so pay attention to the opportunity of callback to continue to participate in long transactions.
➡️The long orders we hold are based on the views mentioned in the previous post. I found that the long transactions involved after the price stabilized at the upper edge of the gray range. Fortunately, the market development is as expected. Congratulations to friends who follow the wolf king to print money. 💰🍻🎉
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#Wolf_king88 $ETH
📊#ETH needs to pay attention to stabilization signals 👀
🧠From a graphical perspective, we have the opportunity to form a descending triangle. We need to be vigilant about the possibility of further decline before breaking through 3550.
➡️From a structural perspective, we have built a long structure in the support area and broke through the gray consolidation range. If we can stabilize at the upper edge of the gray range, then we have the opportunity to go further up.
Let's see 👀
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#Wolf_king88 $ETH
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🧠From a graphical perspective, we have the opportunity to form a descending triangle. We need to be vigilant about the possibility of further decline before breaking through 3550.
➡️From a structural perspective, we have built a long structure in the support area and broke through the gray consolidation range. If we can stabilize at the upper edge of the gray range, then we have the opportunity to go further up.
Let's see 👀
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#BTC Update
Yesterday, we failed to follow the initial decline and instead rebounded from the yellow support zone. Therefore, the structure has changed, and we have canceled our long position near 112,000.
To enter a new long trade, we can only look for lower support, such as around 109,000, provided the 1-hour neckline level is not broken. A break above this level would indicate a potential challenge to the bearish support level (119,811).
#Wolf_king88 $BTC
Yesterday, we failed to follow the initial decline and instead rebounded from the yellow support zone. Therefore, the structure has changed, and we have canceled our long position near 112,000.
To enter a new long trade, we can only look for lower support, such as around 109,000, provided the 1-hour neckline level is not broken. A break above this level would indicate a potential challenge to the bearish support level (119,811).
#Wolf_king88 $BTC
📊#BTC hits neckline resistance and pulls back✔️
🧠From a structural perspective, we've retreated after hitting resistance at the neckline, as expected. If the current structure continues to decline rapidly, we could potentially retest support near 112,000, or perhaps break below the previous low to sweep liquidity before rebounding.
➡️The resistance zone remains clear. Only if the neckline resistance zone is broken and stabilizes for a day or so can we maintain a positive bullish stance.
Let's see 👀
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🧠From a structural perspective, we've retreated after hitting resistance at the neckline, as expected. If the current structure continues to decline rapidly, we could potentially retest support near 112,000, or perhaps break below the previous low to sweep liquidity before rebounding.
➡️The resistance zone remains clear. Only if the neckline resistance zone is broken and stabilizes for a day or so can we maintain a positive bullish stance.
Let's see 👀
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📊#BTC Ascending Triangle📈
🧠From the perspective of the chart, the price is gradually being compressed to form a triangle. Because this model is formed in an upward trend, we define it as an ascending triangle.
➡️If the price approaches the lower edge of the triangle and does not break the low point (L), then we can continue to be bullish, otherwise we need to wait for a lower position.
➡️If we go out of the black path, then the pullback after we break through the blue turning point is also a new long participation opportunity
Let's see👀
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#Wolf_king88 $BTC
🧠From the perspective of the chart, the price is gradually being compressed to form a triangle. Because this model is formed in an upward trend, we define it as an ascending triangle.
➡️If the price approaches the lower edge of the triangle and does not break the low point (L), then we can continue to be bullish, otherwise we need to wait for a lower position.
➡️If we go out of the black path, then the pullback after we break through the blue turning point is also a new long participation opportunity
Let's see👀
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📊#BTC new structural evolution📉
🧠From a cyclical perspective, the 4h-level bullish structure is likely to fail, so seeking a trend reversal requires building a larger-level bullish structure.
➡️Given the existence of the bear flag, we expect further pullbacks, but we are currently on the edge of the bear flag and there is a risk of rebound, so it is best to wait for a rebound before considering shorting.
➡️I found a bullish signal in a smaller cycle, and now I have set up a risk-free, let's see if the market meets expectations.
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#Wolf_king88 $BTC
🧠From a cyclical perspective, the 4h-level bullish structure is likely to fail, so seeking a trend reversal requires building a larger-level bullish structure.
➡️Given the existence of the bear flag, we expect further pullbacks, but we are currently on the edge of the bear flag and there is a risk of rebound, so it is best to wait for a rebound before considering shorting.
➡️I found a bullish signal in a smaller cycle, and now I have set up a risk-free, let's see if the market meets expectations.
🤜If you like my analysis, please like💖 and share💬
💕 Follow me so you don't miss out on any signals and analyze 💯
#Wolf_king88 $BTC
📊#BTC is approaching the S/R conversion zone⚠️
🧠Yesterday's long orders were swept after moving up the SL, because the support zone near 106500-107500 was broken, and the support zone turned into a resistance zone.
➡️If the price rebounds here again, it may be resisted. Therefore, we can look for some short signals to participate.
➡️If we still want to continue to rise, we can only remain optimistic after breaking through the support-resistance conversion zone and stabilizing.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
🧠Yesterday's long orders were swept after moving up the SL, because the support zone near 106500-107500 was broken, and the support zone turned into a resistance zone.
➡️If the price rebounds here again, it may be resisted. Therefore, we can look for some short signals to participate.
➡️If we still want to continue to rise, we can only remain optimistic after breaking through the support-resistance conversion zone and stabilizing.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
📊#BTC Complex Consolidation Phase📊
🧠With the arrival of the weekend, trading volume has also shrunk a lot, so it is easy to form a complex consolidation market. Although we quickly broke through the resistance near 99,000 yesterday, we did not stabilize but went out of a lower low, so we need to be vigilant about the possibility of further decline.
➡️Since we are in the weekly support area and the trend of the big cycle is still a bullish trend, we cannot be too bearish. It may be wise to look for long trading opportunities at low levels.
Let's see👀
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#Wolf_king88 $BTC
🧠With the arrival of the weekend, trading volume has also shrunk a lot, so it is easy to form a complex consolidation market. Although we quickly broke through the resistance near 99,000 yesterday, we did not stabilize but went out of a lower low, so we need to be vigilant about the possibility of further decline.
➡️Since we are in the weekly support area and the trend of the big cycle is still a bullish trend, we cannot be too bearish. It may be wise to look for long trading opportunities at low levels.
Let's see👀
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#Wolf_king88 $BTC
📊#BTC Downward Channel, where is the support❓
🧠From a structural point of view, we failed to quickly break through the resistance near 99,000 yesterday and there were signs of exhaustion of bullish power, so I chose to manually close the long position. In the end, the market fell as expected, forming a bearish cup-handle structure, so the support area we need to pay attention to is 91250-93000.
➡️From a graphical point of view, we are currently moving in a downward channel. Only if we quickly break through the resistance near 99,000 and stabilize can we maintain a positive attitude.
Let's see👀
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#Wolf_king88 $BTC
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🧠From a structural point of view, we failed to quickly break through the resistance near 99,000 yesterday and there were signs of exhaustion of bullish power, so I chose to manually close the long position. In the end, the market fell as expected, forming a bearish cup-handle structure, so the support area we need to pay attention to is 91250-93000.
➡️From a graphical point of view, we are currently moving in a downward channel. Only if we quickly break through the resistance near 99,000 and stabilize can we maintain a positive attitude.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
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