#wolf_king88
wolf_king88
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#ONDO Target Zone Reached✔️
From a structural perspective, we have reached the daily bullish target zone. If you participated in short-term trading, you can choose to take profits here, as a daily-level correction may occur.
If you want to expect more profits, please set a risk-free position, or try with only a small position and wait for the extreme resistance level to be reached.
#Wolf_king88 $ONDO
From a structural perspective, we have reached the daily bullish target zone. If you participated in short-term trading, you can choose to take profits here, as a daily-level correction may occur.
If you want to expect more profits, please set a risk-free position, or try with only a small position and wait for the extreme resistance level to be reached.
#Wolf_king88 $ONDO
📊#ONDO Ascending Triangle🚀
🧠From a structural perspective, we've reached an overlapping resistance zone, so a pullback is possible. Therefore, chasing the price upwards here is not recommended. However, there's a larger bullish structure on the daily chart, so blindly going short is not advisable. The best approach is to wait for a price pullback before looking for long trading opportunities; this will maximize the risk-reward ratio and win rate.
➡️If a pullback doesn't occur in the short term, and the price continues to consolidate sideways, then you can look for bullish signals on smaller timeframes (note: only try with small positions).
➡️The next short-term resistance level to watch is around 0.355, a stronger resistance level is around 0.393, and an extreme resistance level is around 0.5712.
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#Wolf_king88 $ONDO
{future}(ONDOUSDT)
🧠From a structural perspective, we've reached an overlapping resistance zone, so a pullback is possible. Therefore, chasing the price upwards here is not recommended. However, there's a larger bullish structure on the daily chart, so blindly going short is not advisable. The best approach is to wait for a price pullback before looking for long trading opportunities; this will maximize the risk-reward ratio and win rate.
➡️If a pullback doesn't occur in the short term, and the price continues to consolidate sideways, then you can look for bullish signals on smaller timeframes (note: only try with small positions).
➡️The next short-term resistance level to watch is around 0.355, a stronger resistance level is around 0.393, and an extreme resistance level is around 0.5712.
🤜Follow me, and I'll guide you through market changes. Remember to like💖 and share💬
#Wolf_king88 $ONDO
{future}(ONDOUSDT)
📊#ONDO Ascending Triangle🚀
🧠From a structural perspective, we've reached an overlapping resistance zone, so a pullback is possible. Therefore, chasing the price upwards here is not recommended. However, there's a larger bullish structure on the daily chart, so blindly going short is not advisable. The best approach is to wait for a price pullback before looking for long trading opportunities; this will maximize the risk-reward ratio and win rate.
➡️If a pullback doesn't occur in the short term, and the price continues to consolidate sideways, then you can look for bullish signals on smaller timeframes (note: only try with small positions).
➡️The next short-term resistance level to watch is around 0.355, a stronger resistance level is around 0.393, and an extreme resistance level is around 0.5712.
🤜Follow me, and I'll guide you through market changes. Remember to like💖 and share💬
#Wolf_king88 $ONDO
🧠From a structural perspective, we've reached an overlapping resistance zone, so a pullback is possible. Therefore, chasing the price upwards here is not recommended. However, there's a larger bullish structure on the daily chart, so blindly going short is not advisable. The best approach is to wait for a price pullback before looking for long trading opportunities; this will maximize the risk-reward ratio and win rate.
➡️If a pullback doesn't occur in the short term, and the price continues to consolidate sideways, then you can look for bullish signals on smaller timeframes (note: only try with small positions).
➡️The next short-term resistance level to watch is around 0.355, a stronger resistance level is around 0.393, and an extreme resistance level is around 0.5712.
🤜Follow me, and I'll guide you through market changes. Remember to like💖 and share💬
#Wolf_king88 $ONDO
📊#BTC Continues to Rise?
🧠From a structural perspective, we have reached the blue resistance zone, so a pullback is possible. If a daily bearish structure can be formed in this area, it means a daily correction will begin here. Otherwise, we need to pay attention to the next resistance zone (85000-88000).
➡️From a chart perspective, we are still being resisted at the upper edge of the bearish flag and are located below the ascending channel, so the possibility of encountering resistance here is still high. Therefore, chasing the rise here is not recommended!
⚠️Patience remains crucial!
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#Wolf_king88 $BTC
🧠From a structural perspective, we have reached the blue resistance zone, so a pullback is possible. If a daily bearish structure can be formed in this area, it means a daily correction will begin here. Otherwise, we need to pay attention to the next resistance zone (85000-88000).
➡️From a chart perspective, we are still being resisted at the upper edge of the bearish flag and are located below the ascending channel, so the possibility of encountering resistance here is still high. Therefore, chasing the rise here is not recommended!
⚠️Patience remains crucial!
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#Wolf_king88 $BTC
📊#ETH may build a smiley face structure☕️
🧠We finally found good support near the support area and have the opportunity to build a smiley face bullish structure here. If this structure holds, then we will most likely go to around the 3880 level.
Let's see👀
⚠️At the same time, don’t forget about risk management.
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#wolf_king88
🧠We finally found good support near the support area and have the opportunity to build a smiley face bullish structure here. If this structure holds, then we will most likely go to around the 3880 level.
Let's see👀
⚠️At the same time, don’t forget about risk management.
💕 Follow me so you don't miss out on any signals and analyze 💯
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#wolf_king88
📊#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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#Wolf_king88 $ETH
#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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#Wolf_king88 $BTC
{future}(BTCUSDT)
🧠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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#Wolf_king88 $BTC
{future}(BTCUSDT)
#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.
$BTC
{future}(BTCUSDT)
#Wolf_king88
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.
$BTC
{future}(BTCUSDT)
#Wolf_king88
📊#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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#Wolf_king88 $BTC
#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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#Wolf_king88 $BTC
{future}(BTCUSDT)
🧠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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#Wolf_king88 $BTC
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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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#Wolf_king88 $BTC
📊#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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#Wolf_king88 $BTC
📊#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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#Wolf_king88 $BTC
{future}(BTCUSDT)
🧠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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#Wolf_king88 $BTC
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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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#Wolf_king88 $BTC
{future}(BTCUSDT)
🧠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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#Wolf_king88 $BTC
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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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#Wolf_king88 $ONDO
📊 #ETH Bullish Head and Shoulders, Beware of a Rebound ⚠️
🧠From a structural perspective, we've found support at the weekly neckline support area, forming a bullish head and shoulders pattern, suggesting the possibility of a further rally.
➡️Note that we're currently near the 4-hour neckline resistance area. While further gains are possible, be wary of the risk of a pullback. Therefore, consider a small number of long trades. If a pullback occurs, buy again near the next support level of 4100.
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#Wolf_king88
🧠From a structural perspective, we've found support at the weekly neckline support area, forming a bullish head and shoulders pattern, suggesting the possibility of a further rally.
➡️Note that we're currently near the 4-hour neckline resistance area. While further gains are possible, be wary of the risk of a pullback. Therefore, consider a small number of long trades. If a pullback occurs, buy again near the next support level of 4100.
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#Wolf_king88
📊#BTC Still need to wait patiently☕️
🧠The market fluctuations on Monday are very violent, because all parties' capital will enter the working state, so we need to be cautious enough. BTC's dominance has increased again, which also caused us not to follow the market further down, but we still need to be vigilant about this possibility.
➡️The current support of BTC is around 95000-94000. If it can be supported here and recovered quickly, then the resistance area we need to pay attention to is 96000-96600
➡️As the price is gradually compressed, we need to wait patiently for the long structure to be built here before we can actively look up.
Let's see👀
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$BTC
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🧠The market fluctuations on Monday are very violent, because all parties' capital will enter the working state, so we need to be cautious enough. BTC's dominance has increased again, which also caused us not to follow the market further down, but we still need to be vigilant about this possibility.
➡️The current support of BTC is around 95000-94000. If it can be supported here and recovered quickly, then the resistance area we need to pay attention to is 96000-96600
➡️As the price is gradually compressed, we need to wait patiently for the long structure to be built here before we can actively look up.
Let's see👀
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$BTC
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📊#BTC Support and Resistance Zones Worth Watching
🧠From a structural perspective, we are once again blocked near 99,000. The downward momentum at the 4-hour level has not weakened, so 97,000 is considered a short-term pressure zone, and 95,000 has a support effect.
➡️From a morphological perspective, the price is blocked and falls back after approaching the upper edge of the triangle, so the support zone worthy of our attention is near the lower edge of the triangle at 94,000.
Let's see👀
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#Wolf_king88 $BTC
{future}(BTCUSDT)
🧠From a structural perspective, we are once again blocked near 99,000. The downward momentum at the 4-hour level has not weakened, so 97,000 is considered a short-term pressure zone, and 95,000 has a support effect.
➡️From a morphological perspective, the price is blocked and falls back after approaching the upper edge of the triangle, so the support zone worthy of our attention is near the lower edge of the triangle at 94,000.
Let's see👀
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#Wolf_king88 $BTC
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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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#Wolf_king88 $BTC
{future}(BTCUSDT)
🧠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 a structural point of view, we are still in a long-term bullish trend, and the short-term short structure of the small cycle is difficult to change the trend force of the large cycle. And we have been sideways here for a long time, digesting the selling pressure here, and it seems difficult to pull back. And the 15m level has built a bullish head and shoulders structure, so please be cautious about shorting!
➡️From a morphological point of view, the price is gradually compressed and formed into an ascending triangle. Generally, we will use this model to continue the original trend force.
⚠️Note that if we fall below the inflection point of 115687, it means a short structure at the 4h level. We need to be alert to further pullbacks. At that time, if we want to participate in long transactions, we need to find a lower support level to participate, such as around 112000.
Let's take a look👀
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#Wolf_king88 $BTC
🧠From a structural point of view, we are still in a long-term bullish trend, and the short-term short structure of the small cycle is difficult to change the trend force of the large cycle. And we have been sideways here for a long time, digesting the selling pressure here, and it seems difficult to pull back. And the 15m level has built a bullish head and shoulders structure, so please be cautious about shorting!
➡️From a morphological point of view, the price is gradually compressed and formed into an ascending triangle. Generally, we will use this model to continue the original trend force.
⚠️Note that if we fall below the inflection point of 115687, it means a short structure at the 4h level. We need to be alert to further pullbacks. At that time, if we want to participate in long transactions, we need to find a lower support level to participate, such as around 112000.
Let's take a look👀
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#Wolf_king88 $BTC
📊#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 participating in some small long trades at market price.
⚠️Note that downside risk is not completely eliminated, so new trades need to be conservative.
Let's see👀
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#Wolf_king88 $ETH
🧠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 participating in some small long trades at market price.
⚠️Note that downside risk is not completely eliminated, so new trades need to be conservative.
Let's see👀
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#Wolf_king88 $ETH
#ETH USDT.P Crossing 2540
🎯TP3✔️
✔️Complete all TP🌕
➡️Close position🍻
{future}(ETHUSDT)
🎯TP3✔️
✔️Complete all TP🌕
➡️Close position🍻
{future}(ETHUSDT)
📊#BTC Ascending Triangle Failed❌
🧠From the perspective of the chart, we broke below the low (L), so the expectation of the ascending triangle failed. Since we chose to break down, if we want to participate in long trades, we need to find a suitable participation opportunity in the support area at a lower level.
➡️Currently in the buy zone, the risk of chasing shorts is too high. If there is a good rebound, you can pay attention to the resistance effect of the lower edge of the triangle and the blue resistance zone to participate in short trades.
➡️If the green buy zone does not rebound but directly breaks the inflection point (99501), you can pay attention to the support effect of the support line (97042)
Let's see👀
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🧠From the perspective of the chart, we broke below the low (L), so the expectation of the ascending triangle failed. Since we chose to break down, if we want to participate in long trades, we need to find a suitable participation opportunity in the support area at a lower level.
➡️Currently in the buy zone, the risk of chasing shorts is too high. If there is a good rebound, you can pay attention to the resistance effect of the lower edge of the triangle and the blue resistance zone to participate in short trades.
➡️If the green buy zone does not rebound but directly breaks the inflection point (99501), you can pay attention to the support effect of the support line (97042)
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
{future}(BTCUSDT)
🧠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
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📊#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.
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#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.
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#Wolf_king88 $BTC
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