🧠Structurally, we broke through the neckline, so the space above was opened, so it is reasonable to maintain a bullish view on the trend.📈 ➡️From the perspective of wave theory, we have completed the main rising wave 3 and started a callback. Wave 4 may stop in the buy zone marked on the chart because this is a multiple support zone. ⚠️If the most extreme...
🧠Structurally, we have successfully constructed a large double bottom bullish structure near the buy zone, so it is reasonable to maintain the bullish view and the ideal objective of this structure has not yet been achieved.📈 ⚠️But we will not chase the rise in the resistance zone. If we can have a good callback, it will be regarded as a good new participation...
🧠After completing the daily level target, we made adjustments corresponding to the cycle. At present, the price has returned to the support zone and then stopped. We can pay attention to the buying opportunities in the daily level buying zone. The probability of rebounding from here is relatively high. If we can break through the short defense point after the...
🧠From a structural point of view, we started to rebound according to the small double bottom structure and successfully broke through the downward trend resistance line, so there is still room for us to continue to rise. ➡️For future expectations, we can refer to the trend of BTC horizontally. The best case scenario is that BTC continues to consolidate...
🧠Adjustments at the weekly level are underway, so we still need to be alert to the risk of a pullback. ➡️From a structural point of view, the level of the double top bearish structure is significantly larger than the level of the double bottom bullish structure, so we may have difficulty reversing expectations of further corrections in the correction. Moreover,...
There is an expectation of a pullback after the long target is achieved. From a structural point of view, we have the opportunity to construct a double top bearish structure in the target area, so we can focus on short-term shorting opportunities in this area. Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share it💬 💕...
🔥When the ideal target zone is realized, there is an expectation of a callback, so we choose to close the position after reaching the target zone. Congratulations to the friends who followed Wolf King to print money and obtained a rate of return of 800%+.🎉💰🍻 🧠From a structural point of view, we have broken through the turning point, so the bull structure of a...
🧠From a structural point of view, it belongs to a bullish trend! We have made daily corrections based on the double top structure, and all the ideal goals of this bearish structure have been achieved, so there is an expectation of a rebound. ➡️From the perspective of wave theory, wave 5 has ended, so our first target of the rebound can look forward to breaking...
🧠From a structural point of view, we have broken the short defensive point, which means that the short structure is destroyed and we will continue the long trend with a high probability.📈 ➡️However, there is heavy resistance where it is currently, so please be cautious in chasing the rise. If there is a good callback, it will be regarded as a good new entry...
🧠From a structural point of view, we have made healthy corrections according to the double-top bearish structure, and all short targets have been achieved, with expectations for a rebound. In addition, we have also successfully constructed a double bottom bullish structure in the buying zone, so we will most likely use this structure as a support for the rise to...
🧠From the perspective of wave theory, we have broken through microwave 4, which means that the short-term correction has ended, and a good rebound has formed, indicating that we are moving to main wave 5. ⚙️The first goal worthy of our attention is to look forward to successfully breaking through the turning point. If you hold it, then the bull defense point can...
🧠From a structural point of view, we started to rise according to the double bottom structure. At present, the goal of the double bottom structure has been achieved. If you have long positions, remember to lock in the main profit or close the position to guard against the risk of a pullback! ! !⚠️ It is not recommended to continue chasing the rise here! !...
🔥We currently have a nice rally again near the buy zone and support line, which is very reasonable. 🧠From a structural point of view, if we continue to rise strongly from here and successfully break through the turning point, it means that the bullish head and shoulders structure has been established, and any callbacks in the future are opportunities for us to...
🤷♂️Unfortunately, yesterday we did not continue the upward momentum but chose to continue the decline.📉 🧠From the perspective of wave theory, we have the opportunity to form a standard wolf wave, and wave 5 may end when it falls below the inflection point, so it is worth paying attention to the timing of the rebound here. ➡️From a structural point of view, we...
🔥We made long orders near the buying zone yesterday. If the profit is enough, we can choose to reduce the holdings and set breakeven, and then expect more in a low-risk way. Congratulations to all the friends who followed Wolf King to print money.💰🍻 🧠Next, if we continue to rise strongly and successfully break through the short defense point of the double top...
🧠We entered the correction phase after breaking above the downtrend resistance line, which turned into downtrend support line. ➡️The price is currently back within the buy zone marked on the chart and near the downtrend support line, so there is an expectation of a rebound, so please be cautious when shorting!⚠️ The next goal worthy of our attention is to...
🧠Following the mainstream currencies, we made in-depth adjustments and entered the daily-level buying zone, retracing more than 60% of the gains. From here, we can see the potential of the bull market. Because we still have many goals that have not been achieved. If the bull defense point continues to be broken down, the bull target above will be invalid. Let's...
➡️From the previous article I talked about the idea of the buy zone turning into a resistance zone and the idea of looking for shorting opportunities when the price comes near the downtrend resistance line. 🧠The price is now close to the area I described, so look for short signals here. If you hold long orders, you can reduce or close the position. Only after...