wolf_king888

📊#BTC reaches the ideal target zone, cautious callback risk⚠

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
🧠As we set new highs again and again, my vigilance also increased a lot. At present, we have successfully reached the daily level target area, and what we have to do is to reduce our holdings or close our positions.⚙

âžĄïžBecause the realization of the daily level target means that the daily level adjustment expectations have appeared, so I would not be surprised if it falls from here.☕

âžĄïžFrom a graphic point of view, we are rising according to the wedge model, which is not a very good signal. It often starts to fall according to this pattern.📉

âžĄïžAlthough the views I expressed are somewhat pessimistic, I still stick to my principle and don’t go short! ! ! Because judging from the structure of the weekly and monthly levels, we are still in a bullish trend.

⚠At the same time, don’t forget about risk management.
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