📊#BTC complex consolidation phase, how should we do❓

20 בנוב׳ 2023

➡️Judging from the analysis of the previous article, we chose path 1 to move, but don’t be too optimistic about the rise, because we have a potential double top short structure in the resistance zone, so the resistance we face is very large , so the probability of continued consolidation or correction is greater than the probability of rising above resistance.✔️

☕️Therefore, we need to wait for further corrections to occur. It will be much easier to trade after leaving the contradictory range. When we fall below the bull defense point and the previous low, a very good buying opportunity will appear.💯

⚠️Note that we do not need FOMO. Even if we break through the resistance zone upwards, continuing to pull back to the resistance zone without reaching the target is regarded as the best buying opportunity.✔️

⚠️During complex consolidation, the profit-making efficiency will be relatively low, so try to choose small position transactions, and don't expect too big a target, and don't forget about risk management.☕️

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