📊#BTC reaches the periodic resistance zone
🧠From a structural point of view, we have constructed a bullish double bottom structure near the buying zone, which means that the previous decline is over, so we need to be wary of a continued rebound.
➡️At present, we are near the resistance zone and the downward trend line, and there is an expectation of resistance and a fall, so even if we are bullish, we need to wait for a period of correction before participating. The next strong resistance is near 57.3k.
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BTCUSDT.P
🧠From a structural point of view, we have constructed a bullish double bottom structure near the buying zone, which means that the previous decline is over, so we need to be wary of a continued rebound.
➡️At present, we are near the resistance zone and the downward trend line, and there is an expectation of resistance and a fall, so even if we are bullish, we need to wait for a period of correction before participating. The next strong resistance is near 57.3k.
Let’s see 👀
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
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 👇
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👇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.