Post
Wolf_king88
·
--
📊Will #BTC continue to fall?
From a structural perspective, we are still in a downward - trend, and the downward risk has not been lifted.
Currently, we are hindered by the neck - line and also by the lower edge of the ascending wedge. Be wary of the risk of continuous decline.
If we want to reverse the downward trend, we need to construct a bull structure of the same cycle near 65,000 (as shown in the black dashed trajectory in the diagram).
The short - term support is near 65,600, and a good support is near 64,000.
If there is no further decline, the resistance level worthy of our attention is near 68,000.
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
{future}(BTCUSDT)
From a structural perspective, we are still in a downward - trend, and the downward risk has not been lifted.
Currently, we are hindered by the neck - line and also by the lower edge of the ascending wedge. Be wary of the risk of continuous decline.
If we want to reverse the downward trend, we need to construct a bull structure of the same cycle near 65,000 (as shown in the black dashed trajectory in the diagram).
The short - term support is near 65,600, and a good support is near 64,000.
If there is no further decline, the resistance level worthy of our attention is near 68,000.
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
{future}(BTCUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
4
341
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number