📊#BTC has a chance to form an ascending triangle👀 ➡️Yesterday, we broke through the main resistance area after rising according to the double bottom structure, but fell sharply without achieving the ideal goal. So, will we be bullish or bearish next❓ 🧠From a graphical perspective, we have the opportunity to form an ascending triangle. The probability increases...
📊#ORDI reaches the staged target area✔️ 🧠Structurally, we can see that a double bottom bullish structure has been constructed near the buy zone, and we use this structure as support to start the uptrend.📈 ➡️The limit order we placed in advance on May 18th successfully hit the entry point on May 24th, and then started a strong rebound. It has now reached the...
🤷Unfortunately, the long order we left yesterday was wiped out after the stop was moved up. But it doesn’t matter, it’s just a small profit.💰🍻 🧠At present, we have once again come to the contradictory interval, which is also called the unprofitable interval, so we choose to give up the long trading opportunity here. ➡️If we choose to break directly above the...
📊#BTC is jumping up and down, what will happen next❓ 🧠From a structural point of view, yesterday we achieved the goal of the double bottom structure and saw a sharp pullback, which is very reasonable. ➡️From the perspective of wave theory, breaking through wave 4 means that wave 5 has ended. ➡️The end of the correction does not mean that it will continue to...
🧠Yesterday, after the bearish head and shoulders structure was established, we entered the market to go short at 69134. However, according to the structure at that time, it may also evolve into a bullish cup and handle structure. Therefore, in order to prevent this possibility, we moved the stop loss down to 69158. But it was eventually swept away and ended with a...
🧠From a structural point of view, we have evolved from a small double bottom structure to a relay cup and handle structure. At present, the goals of the cup and handle structure have been fully achieved. Beware of dumping! In addition, we are sweeping the liquidity pool and there is an expectation of a correction, so if you hold a long transaction, it is...
🧠Our resistance zone digested most of the selling pressure after a long period of consolidation, and finally formed a bullish cup-handle structure. The next target that needs to be focused on is marked on the chart. When reaching the target, remember to lock in profits in time to prevent the risk of a pullback. Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If...
📊#BTC Bearish Head and Shoulders📉 🧠The downward trend line is broken, which means that wave 5 has ended, that is, the previous adjustment has ended. The end of the adjustment does not mean that the rise will continue, and it may also evolve into a larger downward structure. ➡️Structurally, we have a bearish head and shoulders formation near the sell zone, so we...
🧠We rebounded after reaching the phased buying zone. At present, all the goals of the bullish structure of the small double bottom have been achieved, and there is an expectation of a callback. In addition, the response to touching the downward trend line is good, indicating that it has a strong support and resistance effect. The neckline is also considered an...
🧠From a structural point of view, we have reached the target area of the weekly level and the daily level. This is regarded as the heaviest resistance area. There is a risk of pullback in the short term. Remember to lock in the main profit or close the position. It is reasonable.✔️ ➡️From a wave theory perspective, Main Wave 5 may have ended with a mini-pulse...
📊#ETH double bottom target achieved, be wary of callbacks⚠️ 🧠We followed the daily-level double bottom long structure and broke through the short defense point after skyrocketing. This means that the double top short structure was destroyed, which means that this period of correction is over. Combined with the general trend, it is a bull trend, so we have a view...
🔥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...
🧠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...
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💬 💕...
🧠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...
🧠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...
🧠Structurally, a large double-top bearish structure holds true and we are in the midst of a weekly-level correction. It is currently in the rebound stage, and the goal of the double bottom structure has not yet been achieved, so we still have the possibility of rising, so don’t rush to go short, wait patiently for the price to reach the heaviest resistance zone...
🧠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...