wolf_king888

๐Ÿ“Š#BTC next structural evolution๐Ÿง 

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wolf_king888 ืžืขื•ื“ื›ืŸ   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
๐ŸคทUnfortunately, the long order we left yesterday was wiped out after the stop was moved up. But it doesnโ€™t matter, itโ€™s just a small profit.๐Ÿ’ฐ๐Ÿป

๐Ÿง At present, we have once again come to the contradictory interval, which is also called the unprofitable interval, so we choose to give up the long trading opportunity here.

โžก๏ธIf we choose to break directly above the major resistance zone and successfully break out of the inflection point, then we will focus on the long trading opportunities after the pullback.

๐Ÿ‘€The best case scenario is that we can return to the vicinity of the buying zone and then construct a new long structure before entering a new long trade.โ˜•๏ธ

โš ๏ธNote that if we break below the bulls' defensive level, then we are likely to enter a deeper correction.๐Ÿ“‰

Donโ€™t forget risk management๐Ÿ’ฏ
โœ”๏ธTrade safeโœ”๏ธ
๐ŸคœIf you like my analysis, please like ๐Ÿ’–and share it
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BTCUSDT.P
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๐Ÿ“Š#BTC reaches a critical watershedโš ๏ธ

๐Ÿง From a structural point of view, we have constructed a double bottom bullish structure in the buy zone, so we have a strong rebound. As for whether we can continue the bullish power, we need to observe whether we can successfully break through the main resistance zone. If we can successfully break through, Then we need to observe the long trading opportunities after the pullback. Otherwise we may yet enter a significant correction phase, so please remain vigilant.โš ๏ธ

๐ŸคทUnfortunately, the long order we bought near the buy zone was wiped out after the stop was moved up. However, we still chose to hold the short order opened at 70715.๐Ÿ™๐ŸŽฏ

โ˜•๏ธBe patient and let's see where things go next.๐Ÿ‘€

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