📊#BTC complex consolidation phase📊
🧠From a structural perspective, we are currently in the target area of the bull structure, so the divergence is relatively large.
➡️From a cyclical perspective, if we want to continue the bullish trend, we should continue the upward trend after the formation of the ascending triangle yesterday. However, the results are not as expected, indicating that the upward potential energy has begun to exhaust. Therefore, if you want to participate in new long transactions, you need to pay attention to the opportunity of callbacks.
⚠️If we continue to break through the previous high, then the expectation of a pullback will be invalid, which means that a new long structure is established. At this time, we need to pay attention to the new long trading opportunities after the pullback.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P
🧠From a structural perspective, we are currently in the target area of the bull structure, so the divergence is relatively large.
➡️From a cyclical perspective, if we want to continue the bullish trend, we should continue the upward trend after the formation of the ascending triangle yesterday. However, the results are not as expected, indicating that the upward potential energy has begun to exhaust. Therefore, if you want to participate in new long transactions, you need to pay attention to the opportunity of callbacks.
⚠️If we continue to break through the previous high, then the expectation of a pullback will be invalid, which means that a new long structure is established. At this time, we need to pay attention to the new long trading opportunities after the pullback.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P 
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🔥🔥Use the invitation link to register and trade, and you can join the spot VIP club for free.🔥🔥
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
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.