Wolf_king88
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#BTC Update:
80% profit can be locked in near the second yellow support zone.
Keep a small position to look forward to the target of the bearish cup-handle structure near 97666.
#Wolf_king88 $BTC
80% profit can be locked in near the second yellow support zone.
Keep a small position to look forward to the target of the bearish cup-handle structure near 97666.
#Wolf_king88 $BTC
#BTC Update:
Reaching the blue resistance zone and getting blocked.
The trade was activated when the price broke below the lower edge of the rising wedge.
Risk-free for now!
Let’s see if there is a further pullback from here.
#Wolf_king88 $BTC
Reaching the blue resistance zone and getting blocked.
The trade was activated when the price broke below the lower edge of the rising wedge.
Risk-free for now!
Let’s see if there is a further pullback from here.
#Wolf_king88 $BTC
#BTC Update:
Reaching the blue resistance zone and getting blocked.
The trade was activated when the price broke below the lower edge of the rising wedge.
Risk-free for now!
Let’s see if there is a further pullback from here.
#Wolf_king88 $BTC
Reaching the blue resistance zone and getting blocked.
The trade was activated when the price broke below the lower edge of the rising wedge.
Risk-free for now!
Let’s see if there is a further pullback from here.
#Wolf_king88 $BTC
📊#BTC bearish cup-handle structure, beware of a pullback!
🧠From a structural perspective, we broke below the neckline, which means a bearish structure is established, so we need to be wary of further declines.
➡️Yesterday's decline was rapid, so we can wait for a rebound to appear and look for shorting opportunities near the blue resistance area or the downward trend line.
➡️Since it is the weekend, the trading volume may be less. If there is no rebound, then we need to wait patiently for a period of sideways consolidation before looking for shorting opportunities.
⚠️Note that the area around 106500 is a support-resistance conversion zone. If it breaks through here and stabilizes, we can remain optimistic.
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#Wolf_king88 $BTC
🧠From a structural perspective, we broke below the neckline, which means a bearish structure is established, so we need to be wary of further declines.
➡️Yesterday's decline was rapid, so we can wait for a rebound to appear and look for shorting opportunities near the blue resistance area or the downward trend line.
➡️Since it is the weekend, the trading volume may be less. If there is no rebound, then we need to wait patiently for a period of sideways consolidation before looking for shorting opportunities.
⚠️Note that the area around 106500 is a support-resistance conversion zone. If it breaks through here and stabilizes, we can remain optimistic.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
📊#BTC bearish cup-handle structure, beware of a pullback!
🧠From a structural perspective, we broke below the neckline, which means a bearish structure is established, so we need to be wary of further declines.
➡️Yesterday's decline was rapid, so we can wait for a rebound to appear and look for shorting opportunities near the blue resistance area or the downward trend line.
➡️Since it is the weekend, the trading volume may be less. If there is no rebound, then we need to wait patiently for a period of sideways consolidation before looking for shorting opportunities.
⚠️Note that the area around 106500 is a support-resistance conversion zone. If it breaks through here and stabilizes, we can remain optimistic.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
🧠From a structural perspective, we broke below the neckline, which means a bearish structure is established, so we need to be wary of further declines.
➡️Yesterday's decline was rapid, so we can wait for a rebound to appear and look for shorting opportunities near the blue resistance area or the downward trend line.
➡️Since it is the weekend, the trading volume may be less. If there is no rebound, then we need to wait patiently for a period of sideways consolidation before looking for shorting opportunities.
⚠️Note that the area around 106500 is a support-resistance conversion zone. If it breaks through here and stabilizes, we can remain optimistic.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
📊#BTC Descending Triangle✔️
🧠From the perspective of the chart, we have been sideways here for about three days, and the price is gradually being squeezed to form a descending triangle. Generally, we regard this model as a model that continues the original trend force (the trend at the hour level is a downward trend).
➡️A similar model analysis was also made in the previous article. Because the closing price at the 4h level is already below the lower edge of the triangle, I think the probability of further decline will be higher, so please be cautious in chasing the rise!
⚠️Note that if we break through the H point and stabilize, it means that my view is wrong.
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#Wolf_king88 $BTC
🧠From the perspective of the chart, we have been sideways here for about three days, and the price is gradually being squeezed to form a descending triangle. Generally, we regard this model as a model that continues the original trend force (the trend at the hour level is a downward trend).
➡️A similar model analysis was also made in the previous article. Because the closing price at the 4h level is already below the lower edge of the triangle, I think the probability of further decline will be higher, so please be cautious in chasing the rise!
⚠️Note that if we break through the H point and stabilize, it means that my view is wrong.
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#Wolf_king88 $BTC
#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
🧠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
📊#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👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠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
crpto millionaire mindset:
Good job done
📊#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
#BTC Update
The touch received a good reaction, which means the winning rate has been achieved.
And it has successfully reached TP1, and 50% of the position has been reduced.
Move the SL up to the latest low point, expecting profits in a low - risk way.
If the remaining long positions are swept again, we'll re - evaluate the market tomorrow.
#Wolf_king88 $BTC
The touch received a good reaction, which means the winning rate has been achieved.
And it has successfully reached TP1, and 50% of the position has been reduced.
Move the SL up to the latest low point, expecting profits in a low - risk way.
If the remaining long positions are swept again, we'll re - evaluate the market tomorrow.
#Wolf_king88 $BTC
#BTC Update:
The resistance near 110000 is too heavy, and it has failed to stand on it after multiple tests. The short-term support near 109000 also failed to hold, so our long orders were also swept away.
The price is currently near the support and resistance swap area. We can try to find long signals in this area to participate in some long trades.
#Wolf_king88 $BTC
The resistance near 110000 is too heavy, and it has failed to stand on it after multiple tests. The short-term support near 109000 also failed to hold, so our long orders were also swept away.
The price is currently near the support and resistance swap area. We can try to find long signals in this area to participate in some long trades.
#Wolf_king88 $BTC
#BTC Update:
The resistance near 110000 is too heavy, and it has failed to stand on it after multiple tests. The short-term support near 109000 also failed to hold, so our long orders were also swept away.
The price is currently near the support and resistance swap area. We can try to find long signals in this area to participate in some long trades.
#Wolf_king88 $BTC
The resistance near 110000 is too heavy, and it has failed to stand on it after multiple tests. The short-term support near 109000 also failed to hold, so our long orders were also swept away.
The price is currently near the support and resistance swap area. We can try to find long signals in this area to participate in some long trades.
#Wolf_king88 $BTC
📊#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 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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#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
🧠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
📊#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🍻
🎯TP3✔️
✔️Complete all TP🌕
➡️Close position🍻
📊#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 💯
👋If you think this post is useful to you, don’t forget to give a tip to support💪
#wolf_king88
📊#NEIRO Double Bottom Structure 📈
🧠From a structural perspective, we have stabilized near the uptrend support line and built a bullish double bottom structure, so we are likely to continue to move higher. The two neckline support areas are very worthy of our attention.
Let's see 👀
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#Wolf_king88 $NEIRO
🧠From a structural perspective, we have stabilized near the uptrend support line and built a bullish double bottom structure, so we are likely to continue to move higher. The two neckline support areas are very worthy of our attention.
Let's see 👀
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#Wolf_king88 $NEIRO
📊#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
📊#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
🧠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
📊#BTC complex consolidation phase📊
🧠It is approaching the weekend, and the price is still running below the gray range. If the closing price this week is below the gray range, then the gray range will completely turn into the blue resistance zone, which is not a good signal, which means that the probability of further decline will increase.
➡️From a structural point of view, if we fall below the rising support line and the yellow support zone (84000-86000) and do not recover quickly, it means that we will fall further. 📉
Let's see👀
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#Wolf_king88 $BTC
🧠It is approaching the weekend, and the price is still running below the gray range. If the closing price this week is below the gray range, then the gray range will completely turn into the blue resistance zone, which is not a good signal, which means that the probability of further decline will increase.
➡️From a structural point of view, if we fall below the rising support line and the yellow support zone (84000-86000) and do not recover quickly, it means that we will fall further. 📉
Let's see👀
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#Wolf_king88 $BTC
📊#BTC Downtrend Ended?
🧠From a structural perspective, the risk of further decline has not been lifted, because the short structure at the daily level is still intact and the downward trend line has not been effectively broken, so the next period of time is likely to be dominated by complex consolidation.
➡️If we can successfully break through the inflection point 99425 or the downward trend line, it means that the short structure is broken, and we can find the right opportunity to actively participate in long-long transactions in the subsequent callback, otherwise we still need to be vigilant about the risk of further decline.
Let's see 👀
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#Wolf_king88 $BTC
🧠From a structural perspective, the risk of further decline has not been lifted, because the short structure at the daily level is still intact and the downward trend line has not been effectively broken, so the next period of time is likely to be dominated by complex consolidation.
➡️If we can successfully break through the inflection point 99425 or the downward trend line, it means that the short structure is broken, and we can find the right opportunity to actively participate in long-long transactions in the subsequent callback, otherwise we still need to be vigilant about the risk of further decline.
Let's see 👀
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#Wolf_king88 $BTC
📊#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
🧠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
📊#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👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠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👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
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