📊#BTC reaches weekly resistance zone, cautiously bullish⚠️

🧠From a structural point of view, after we broke through the resistance zone at the daily level, the resistance zone turned into a support zone, so after the price fell back to this support zone, I participated in some long trades. The interim target is around 90,000, so I chose to close all positions after reaching here.

➡️In general, my mind is still in the shock trading, so I don’t look forward to the goal too far. Because we haven’t built a long structure at the daily level, we still need to be vigilant.

➡️Currently we have reached the resistance zone at the weekly level, don’t chase the rise here. We can look for some short signals in this area to participate.

⚠️Note that the large level belongs to the long trend, the correction at the daily level is over, and it is possible to start the upward trend at the daily level. Try to focus on long trades.

Let’s take a look👀

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📊#BTC successfully broke upward✔️

🧠From a structural perspective, we successfully broke through the daily resistance zone, and the resistance zone turned into a support zone. The next resistance zone worth our attention is 88000-89700. At present, we have reached the staged resistance zone near 87377. If we can consolidate a short structure from here, then the target area of ​​this structure overlaps with the yellow support area, then it is a long area that is very worthy of our attention.

➡️From a graphical perspective, the price is gradually compressed to form an ascending triangle. At present, it has chosen to break upward, but the appearance of this model means that the bullish trend is about to end, so we still need to be vigilant about the risk of falling back. We need to observe the order of arrival of the yellow support zone and the red resistance zone to participate in different transactions.

⚠️Note that if we directly fall below the inflection point 83903, the bullish expectation will fail, and the daily support zone will turn into a resistance zone. If the price rebounds to this area, then we can look for shorting opportunities.

Let's see👀

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#Wolf_king88 $BTC