#BTC Update
Reach TP2.
80% of the position profit has been locked in.
A small portion of the position will be retained in the hope of more.
Wolf_king88
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Bearish
📊#BTC Rising Wedge📉
🧠From a structural perspective, we have reached the target area of the bullish cup-with-handle structure, so we need to be vigilant about the occurrence of a pullback.
➡️From a graphical perspective, we have formed a rising wedge near the red resistance area, which is generally regarded as a bearish model.
➡️If the rising trend support line does not hold and falls directly, then we can also expect further declines to occur
⚠️Note that counter-trend trading in an uptrend must be risk-managed.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural perspective, we have reached the target area of the bullish cup-with-handle structure, so we need to be vigilant about the occurrence of a pullback.
➡️From a graphical perspective, we have formed a rising wedge near the red resistance area, which is generally regarded as a bearish model.
➡️If the rising trend support line does not hold and falls directly, then we can also expect further declines to occur
⚠️Note that counter-trend trading in an uptrend must be risk-managed.
Let's see👀
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
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