wolf_king88
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📊#BTC reaches the red target zone✔️
🧠From a structural perspective, the goals of the long structure we built in the blue resistance zone have been fully achieved, so we need to be vigilant against the occurrence of a pullback, and do not chase the rise in the sell zone! We should look for short opportunities in the sell zone.
➡️The concerns in the previous post still exist, because this week is not over yet, we need to observe whether the closing price of the weekly candlestick chart can stabilize above the blue resistance zone. Only when it stabilizes above the resistance zone, the blue resistance zone will turn into a support zone. Then look for long trading opportunities in the support zone.
⚠️Note that if we set a new record high, we also need to wait patiently for a pullback to appear before participating in a new long trade.
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#Wolf_king88 $BTC
🧠From a structural perspective, the goals of the long structure we built in the blue resistance zone have been fully achieved, so we need to be vigilant against the occurrence of a pullback, and do not chase the rise in the sell zone! We should look for short opportunities in the sell zone.
➡️The concerns in the previous post still exist, because this week is not over yet, we need to observe whether the closing price of the weekly candlestick chart can stabilize above the blue resistance zone. Only when it stabilizes above the resistance zone, the blue resistance zone will turn into a support zone. Then look for long trading opportunities in the support zone.
⚠️Note that if we set a new record high, we also need to wait patiently for a pullback to appear before participating in a new long trade.
🤜If you like my analysis, please like 💖 and share 💬
#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👀
🤜If you like my analysis, please like💖 and share💬
#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👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
Jeddysparrow:
Just close that short mate, not happening!
📊#ETH reaches target zone ✔️
🧠From a structural point of view, the long structure we built in the daily buy zone has been fully achieved and is about to touch the original upward trend support line (now turned into resistance line). Therefore, there is a possibility of a pullback, so please be cautious in chasing the rise.
➡️If we do not fall back from here and continue to rise, then the next heavy resistance level worth our attention is around 2500.
➡️Today I have sold all 20% of the purchases in March. I will look forward to a pullback. The best case scenario is that the price will return to the daily buy zone again and buy back the positions sold today.
Let's see if the market will give us such an opportunity👀
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#Wolf_king88 $ETH
🧠From a structural point of view, the long structure we built in the daily buy zone has been fully achieved and is about to touch the original upward trend support line (now turned into resistance line). Therefore, there is a possibility of a pullback, so please be cautious in chasing the rise.
➡️If we do not fall back from here and continue to rise, then the next heavy resistance level worth our attention is around 2500.
➡️Today I have sold all 20% of the purchases in March. I will look forward to a pullback. The best case scenario is that the price will return to the daily buy zone again and buy back the positions sold today.
Let's see if the market will give us such an opportunity👀
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#Wolf_king88 $ETH
#ETH Update:
We tested the support channel and stabilized and rebounded, and quickly broke through the suppression of the downward trend line, and the blue resistance area turned into a support area. If we really want to continue to break upward, then we will not have the opportunity to pull back further. So we need to observe the stabilization of the upper edge of the yellow support area to participate in long transactions, otherwise continue to wait patiently.
Or we do not make a pullback, but consolidate sideways to form an ascending triangle model and continue to rise. At this time, we need to observe the situation of breaking through the upper edge of the triangle to participate in long transactions.
At present, we will observe these two possible development scenarios. If a scenario that meets expectations appears, we will participate in the transaction. If there is no scenario that meets expectations, then continue to be patient and wait for new trading expectations to appear before entering a new transaction.
The lowest price has not reached 1750, so if you still hold a long order at 1750, then continue to hold patiently and wait for the target of 2000+
#Wolf_king88 $ETH
We tested the support channel and stabilized and rebounded, and quickly broke through the suppression of the downward trend line, and the blue resistance area turned into a support area. If we really want to continue to break upward, then we will not have the opportunity to pull back further. So we need to observe the stabilization of the upper edge of the yellow support area to participate in long transactions, otherwise continue to wait patiently.
Or we do not make a pullback, but consolidate sideways to form an ascending triangle model and continue to rise. At this time, we need to observe the situation of breaking through the upper edge of the triangle to participate in long transactions.
At present, we will observe these two possible development scenarios. If a scenario that meets expectations appears, we will participate in the transaction. If there is no scenario that meets expectations, then continue to be patient and wait for new trading expectations to appear before entering a new transaction.
The lowest price has not reached 1750, so if you still hold a long order at 1750, then continue to hold patiently and wait for the target of 2000+
#Wolf_king88 $ETH
#ETH Update:
We tested the support channel and stabilized and rebounded, and quickly broke through the suppression of the downward trend line, and the blue resistance area turned into a support area. If we really want to continue to break upward, then we will not have the opportunity to pull back further. So we need to observe the stabilization of the upper edge of the yellow support area to participate in long transactions, otherwise continue to wait patiently.
Or we do not make a pullback, but consolidate sideways to form an ascending triangle model and continue to rise. At this time, we need to observe the situation of breaking through the upper edge of the triangle to participate in long transactions.
At present, we will observe these two possible development scenarios. If a scenario that meets expectations appears, we will participate in the transaction. If there is no scenario that meets expectations, then continue to be patient and wait for new trading expectations to appear before entering a new transaction.
The lowest price has not reached 1750, so if you still hold a long order at 1750, then continue to hold patiently and wait for the target of 2000+
#Wolf_king88 $ETH
We tested the support channel and stabilized and rebounded, and quickly broke through the suppression of the downward trend line, and the blue resistance area turned into a support area. If we really want to continue to break upward, then we will not have the opportunity to pull back further. So we need to observe the stabilization of the upper edge of the yellow support area to participate in long transactions, otherwise continue to wait patiently.
Or we do not make a pullback, but consolidate sideways to form an ascending triangle model and continue to rise. At this time, we need to observe the situation of breaking through the upper edge of the triangle to participate in long transactions.
At present, we will observe these two possible development scenarios. If a scenario that meets expectations appears, we will participate in the transaction. If there is no scenario that meets expectations, then continue to be patient and wait for new trading expectations to appear before entering a new transaction.
The lowest price has not reached 1750, so if you still hold a long order at 1750, then continue to hold patiently and wait for the target of 2000+
#Wolf_king88 $ETH
📊#ETH retests the support channel, can it hold?
🧠From a structural point of view, the highs are gradually falling, and the bullish potential is weakening. We can only usher in a surge after we strongly break through the suppression of the blue downward trend line and stabilize the 4h blue resistance zone, and the resistance zone turns into a support zone.
➡️This is the fourth time we have tested the support near 1750. If the support is tested multiple times, the support effect will weaken. We should be wary of further callbacks after breaking the support, so if we want to participate in new long transactions, we need to find lower support, so the support points worth our attention are around 1660 and 1570.
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#Wolf_king88 $ETH
🧠From a structural point of view, the highs are gradually falling, and the bullish potential is weakening. We can only usher in a surge after we strongly break through the suppression of the blue downward trend line and stabilize the 4h blue resistance zone, and the resistance zone turns into a support zone.
➡️This is the fourth time we have tested the support near 1750. If the support is tested multiple times, the support effect will weaken. We should be wary of further callbacks after breaking the support, so if we want to participate in new long transactions, we need to find lower support, so the support points worth our attention are around 1660 and 1570.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $ETH
📊#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👀
🤜If you like my analysis, please like💖 and share💬
#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👀
🤜If you like my analysis, please like💖 and share💬
#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
📊#ETH retests the support channel, can it hold?
🧠From a structural point of view, the highs are gradually falling, and the bullish potential is weakening. We can only usher in a surge after we strongly break through the suppression of the blue downward trend line and stabilize the 4h blue resistance zone, and the resistance zone turns into a support zone.
➡️This is the fourth time we have tested the support near 1750. If the support is tested multiple times, the support effect will weaken. We should be wary of further callbacks after breaking the support, so if we want to participate in new long transactions, we need to find lower support, so the support points worth our attention are around 1660 and 1570.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $ETH
🧠From a structural point of view, the highs are gradually falling, and the bullish potential is weakening. We can only usher in a surge after we strongly break through the suppression of the blue downward trend line and stabilize the 4h blue resistance zone, and the resistance zone turns into a support zone.
➡️This is the fourth time we have tested the support near 1750. If the support is tested multiple times, the support effect will weaken. We should be wary of further callbacks after breaking the support, so if we want to participate in new long transactions, we need to find lower support, so the support points worth our attention are around 1660 and 1570.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $ETH
#BTC Update:
We attacked the heavy resistance area near 95000 several times, but failed. My remaining long position was closed because it hit the breakeven point.
The ascending triangle failed to break out, and eventually evolved into a larger triangle, and also chose to break down, so we need to be vigilant about the risk of further decline.
From a structural perspective, multiple short structures have been established in overlapping resistance areas, so we need to be vigilant about the occurrence of a pullback. The stage support area worthy of our attention is 90888-91777.
#Wolf_king88 $BTC
We attacked the heavy resistance area near 95000 several times, but failed. My remaining long position was closed because it hit the breakeven point.
The ascending triangle failed to break out, and eventually evolved into a larger triangle, and also chose to break down, so we need to be vigilant about the risk of further decline.
From a structural perspective, multiple short structures have been established in overlapping resistance areas, so we need to be vigilant about the occurrence of a pullback. The stage support area worthy of our attention is 90888-91777.
#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
📊#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💬
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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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#Wolf_king88
🧠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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#Wolf_king88
📊#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 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 $BTC
📊#BTC Still need to wait patiently☕️
🧠The market fluctuations on Monday are very violent, because all parties' capital will enter the working state, so we need to be cautious enough. BTC's dominance has increased again, which also caused us not to follow the market further down, but we still need to be vigilant about this possibility.
➡️The current support of BTC is around 95000-94000. If it can be supported here and recovered quickly, then the resistance area we need to pay attention to is 96000-96600
➡️As the price is gradually compressed, we need to wait patiently for the long structure to be built here before we can actively look up.
Let's see👀
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$BTC
#Wolf_king88
🧠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
#Wolf_king88
📊#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
🧠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
📊#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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🧠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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📊#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
📊#BTC Is the bull market still there?
🧠From a structural perspective, the weekly and monthly uptrends are still intact, so the bull market is not over yet, so I labeled this analysis "LONG". Unless a weekly short structure is built, I think we still have a chance to see 132k-175k.
➡️From a cyclical perspective, we are currently entering a daily adjustment phase. The daily structure cannot change the weekly and monthly uptrends, and we are expected to maintain a complex consolidation for another 5 months, and we may see the results in September.
➡️The current daily downtrend has not ended, and it is approaching the overlapping blue resistance area. Don't go bullish against the pressure. If the weekly closing price in the future can be higher than the overlapping resistance area, then the resistance will turn into support. Only when you step back to this area again can you look for opportunities to go long, otherwise you need to pay attention to the long opportunities in the yellow support area below.
Let's see👀
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#Wolf_king88 $BTC
🧠From a structural perspective, the weekly and monthly uptrends are still intact, so the bull market is not over yet, so I labeled this analysis "LONG". Unless a weekly short structure is built, I think we still have a chance to see 132k-175k.
➡️From a cyclical perspective, we are currently entering a daily adjustment phase. The daily structure cannot change the weekly and monthly uptrends, and we are expected to maintain a complex consolidation for another 5 months, and we may see the results in September.
➡️The current daily downtrend has not ended, and it is approaching the overlapping blue resistance area. Don't go bullish against the pressure. If the weekly closing price in the future can be higher than the overlapping resistance area, then the resistance will turn into support. Only when you step back to this area again can you look for opportunities to go long, otherwise you need to pay attention to the long opportunities in the yellow support area below.
Let's see👀
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#Wolf_king88 $BTC
📊#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 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
🧠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
📊Can #BTC break through the heavy resistance zone?
🧠From a structural perspective, we are currently in an overlapping resistance zone. We are currently testing the upper edge of the heavy resistance zone again. If we cannot successfully break through, we should be wary of further pullbacks. If we fall below the low near 92,800 and establish a short structure, then we will look for short opportunities after the rebound.
➡️If we continue to break through the previous high, it means that the bullish power is still continuing. Be patient and wait for the pullback opportunity after breaking through the high to appear before looking for entry opportunities.
➡️My short position was reduced by 80% after reaching TP2, and the stop loss was moved down, so the long position hit the breakeven point and was closed. If you don’t move the SL down, you can try to use a small position to expect a scenario where you can’t break through.
Let’s see 👀
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#Wolf_king88 $BTC
🧠From a structural perspective, we are currently in an overlapping resistance zone. We are currently testing the upper edge of the heavy resistance zone again. If we cannot successfully break through, we should be wary of further pullbacks. If we fall below the low near 92,800 and establish a short structure, then we will look for short opportunities after the rebound.
➡️If we continue to break through the previous high, it means that the bullish power is still continuing. Be patient and wait for the pullback opportunity after breaking through the high to appear before looking for entry opportunities.
➡️My short position was reduced by 80% after reaching TP2, and the stop loss was moved down, so the long position hit the breakeven point and was closed. If you don’t move the SL down, you can try to use a small position to expect a scenario where you can’t break through.
Let’s see 👀
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#Wolf_king88 $BTC
📊#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
📊#SOL Head and Shoulders Structure📈
🧠From a structural perspective, we have made a daily correction and built a bullish head and shoulders structure in the overlapping support zone, so there is a high probability that we will start to rebound from this structure. The resistance area worthy of our attention is 198-205.
Let's see👀
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#Wolf_king88 $SOL
🧠From a structural perspective, we have made a daily correction and built a bullish head and shoulders structure in the overlapping support zone, so there is a high probability that we will start to rebound from this structure. The resistance area worthy of our attention is 198-205.
Let's see👀
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#Wolf_king88 $SOL
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