âĄïžFrom a structural point of view, we have had a good rebound after completing the goal of the double top structure, and there is also an expectation of a rebound after sweeping the liquidity pool. Therefore, there is an opportunity to build a head and shoulders structure near the buy zone and continue the upward trend. Note that this structure is established after a successful breakout of the inflection point.âïž
âĄïžFrom a wave theory perspective, it appears that we still have Wave 5 to complete, and if this scenario occurs, focus on buying opportunities near the major support lines. Note that if the head and shoulders structure is established, then this scenario will most likely not happen.â ïž
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âĄïžFrom a wave theory perspective, it appears that we still have Wave 5 to complete, and if this scenario occurs, focus on buying opportunities near the major support lines. Note that if the head and shoulders structure is established, then this scenario will most likely not happen.â ïž
â ïžDonât forget risk managementđŻ
âïžTrade safeâïž
đ€If you like my analysis, please like đand share itđŹ
Kommentera:
đ§ From the perspective of wave theory, we have broken through the turning point, which means that the downward main wave 5 may have ended and is about to start a reversal.
âĄïžFrom a structural point of view, if the price starts to rebound after returning to the liquidity pool again, then we have the opportunity to build a bullish head and shoulders structure here. If it develops as expected, then there is a high probability that we will pump from here.đ„đđ
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âïžTrade safeâïž
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đ#BTC may start pumpingđ
đ§ From the perspective of wave theory, we have broken through the turning point, which means that the downward main wave 5 may have ended and is about to start a reversal.
âĄïžFrom a structural point of view, if the price starts to rebound after returning to the liquidity pool again, then we have the opportunity to build a bullish head and shoulders structure here. If it develops as expected, then there is a high probability that we will pump from here.đ„đđ
â ïžDonât forget risk managementđŻ
âïžTrade safeâïž
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Kommentera:
đ§ Donât be too pessimistic, the price is back in the buy zone again, so bearish with caution!â ïž
âĄïžFrom a graphic point of view, a falling wedge is formed here, and generally we follow this graphic to rise.
â ïžNote that as long as our bull defense point is not destroyed, we will still remain bullish.đ
đ#BTC falling wedgeđ
đ§ Donât be too pessimistic, the price is back in the buy zone again, so bearish with caution!â ïž
âĄïžFrom a graphic point of view, a falling wedge is formed here, and generally we follow this graphic to rise.
â ïžNote that as long as our bull defense point is not destroyed, we will still remain bullish.đ
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Unfortunately yesterday's head and shoulders structure did not hold, so it does not constitute a buying opportunity.
From the perspective of wave theory, we have a high probability of completing wave 5. If we rebound and successfully break through the turning point, it means the end of wave 5, and we should pay attention to the occurrence of reversal.
From a structural point of view, pay attention to the new long structure that may be formed after the price reaches the buying zone.
Note that if the price falls below the buy zone, it will be considered the most pessimistic signal, and adjustments at the daily and weekly levels may occur! ! !
â ïžDonât forget risk managementđŻ
âïžTrade safeâïž