š#BTC is about to rebound, donāt be too panicāļø
š§ Although we have a big negative line at the weekly close, a single K line cannot change the overall bullish trend. And even if it is going to fall, it will not happen overnight, there will always be a process. Currently, we are still within the hourly adjustment range. After completing the short target and sweeping the liquidity pool below, a smiling bullish structure has been formed, and we are expected to rebound to the resistance zone.āļø
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Trade closed: target reached
š#BTC may fall based on the double top short structureš
š§ We reduced our holdings after completing TP2, and started a downward adjustment after breaking through the short defense point. In the subsequent development, I found a potential double top bearish structure, so I recommend that everyone close their positions and leave the market. At present, the double-top bearish structure has been established. Combined with the fact that we fell below the bull defense point during the previous decline, we have expectations of a decline. In addition, combined with the adjustment expectations of the daily level, in the medium term, there is a high probability that it will bias In the short direction. š
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ā”ļøTimely updates and VIP consultation on Telegram: š
t.me/+9dh7Ug_iQ2lkMmM0
š„20% transaction fee discounš„
šReferral codeš
šBITGET š
wolf20
šBYBIT š
WOLFKING
šBINANCEš
O3D948JZ
t.me/+9dh7Ug_iQ2lkMmM0
š„20% transaction fee discounš„
šReferral codeš
šBITGET š
wolf20
šBYBIT š
WOLFKING
šBINANCEš
O3D948JZ
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.