๐คทUnfortunately, the long order we left yesterday was wiped out after the stop was moved up. But it doesnโt matter, itโs just a small profit.๐ฐ๐ป
๐ง 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.
โก๏ธIf 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.
๐The 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
โ ๏ธNote that if we break below the bulls' defensive level, then we are likely to enter a deeper correction.๐
Donโt forget risk management๐ฏ
โ๏ธTrade safeโ๏ธ
๐คIf you like my analysis, please like ๐and share it
๐follow me. Learn about further structural evolution๐
BTCUSDT.P
๐ง 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.
โก๏ธIf 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.
๐The 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
โ ๏ธNote that if we break below the bulls' defensive level, then we are likely to enter a deeper correction.๐
Donโt forget risk management๐ฏ
โ๏ธTrade safeโ๏ธ
๐คIf you like my analysis, please like ๐and share it
๐follow me. Learn about further structural evolution๐
โก๏ธTimely updates and VIP consultation on Telegram: ๐
t.me/+9dh7Ug_iQ2lkMmM0
๐ฅ20% transaction fee discoun๐ฅ
๐ BITGET ๐
partner.bitget.fit/bg/wolfking20
Referral code๐
wolf20
๐ BYBIT ๐
partner.bybit.com/b/wolfking
Referral code๐
WOLFKING
t.me/+9dh7Ug_iQ2lkMmM0
๐ฅ20% transaction fee discoun๐ฅ
๐ BITGET ๐
partner.bitget.fit/bg/wolfking20
Referral code๐
wolf20
๐ BYBIT ๐
partner.bybit.com/b/wolfking
Referral code๐
WOLFKING
๐ง 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.โ ๏ธ
๐คทUnfortunately, 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 70715.๐๐ฏ
โ๏ธBe patient and let's see where things go next.๐