📊#BTC reaches maximum resistance zone✔️

🔥The market developed as expected. Although we did not participate in it, we have already made enough profits. This is how futures trading is. We must learn to miss opportunities. There are many opportunities in the market, and we cannot seize them all. As long as we seize them One or two chances to stay is enough.

➡️From a structural point of view, the weekly adjustment band may have ended. The end does not mean that it will continue to rise. Therefore, it is very dangerous to chase the rise in this area. Instead, it is reasonable to look for opportunities to try short selling. Unless we can break through ATH, a successful breakthrough means that new upside space is opened, then we should wait for a good callback to appear and look for buying opportunities in the new buying zone, and the new buying zone needs to wait for the market to build a new We will know the structure.

☕️Let's be more patient and wait and see.👀

Don’t forget risk management💯
✔️Trade safe✔️
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BTCUSDT.P

Kommentera:

📊#BTC Double Top Bearish Structure📉

🧠We have constructed a double-top bearish structure near the resistance area. If you try to short, you can lock in part of the profit or focus on the target area of ​​this structure (68488-69350). To achieve the target area, you must lock in the main profit, and you can try to retain part of the position. Go expect more.☕️🚀🌔

➡️For the next trend, if we are weak, then it is reasonable to continue the short strength here and continue to fall. The next target area that deserves most attention is to sweep the liquidity pool below.🎯

⚠️But from the perspective of the fluctuation cycle, the downward fluctuation cycle here is not as long as the previous one, so we may still need to stay in the resistance zone for a while. So if there are good profits, you can lock in the main profits and then look forward to more.

‼️Of course the most important thing is not to forget to set up risk management.💯✔️
✔️Trade safe✔️
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Trade stängt: målet nått:

📊#BTC double top structure goal achieved✔️

⚙️We automatically locked in the main profit after the price hit the target area. Yesterday, we moved the stop loss down to the turning point and it was swept away. But it doesn't matter, the profit went into our pockets and we made a small profit.💰🍻

🧠At present, the price continues to undergo complex consolidation in the resistance zone, which is very reasonable, because the differences here will be relatively large. Although the overall direction belongs to the bulls, there is still room to continue to rise, but I will not chase the rise here under pressure. ❌

➡️If we do not continue to break through the previous high and can build a larger-cycle double-top bearish structure in the resistance area, then the non-contradictory buying area worthy of our focus is 63240-65340.👀

➡️If we continue to see a strong break above ATH, then look for shorting opportunities near new highs. Or if you don’t want to trade against the trend and just want to be bullish with the trend, then wait patiently for the correction to come before looking for buying opportunities.👀

Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬