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๐Ÿ“Š#BCH completes the small double top structure goal, what nextโ“

ืฉื•ืจื˜
BINANCE:BCHUSD.P   BCH Perpetual Futures Contract
๐Ÿง Today we fell below the uptrend line, which means that we will most likely continue our short position. In the afternoon, we completely broke away from the resistance zone and adjusted a descending triangle model within a small time level (generally we fall according to this model ), so we laid out market traps based on certain signals and logic. In the end, we successfully hunted for a return rate of 220%+๐Ÿ’ฅ, which also meant that the goals of the small double top structure were all achieved. The market quickly rebounded after we reduced our holdings. We may then continue lower following a large double top structure.๐Ÿ“‰

โš ๏ธNote that although we are moving lower, we are still bullish in the broader cycle. If the short defense points of the two double top structures above are broken, it means that the short structure is destroyed, and we will continue to move higher.๐Ÿ“ˆ

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