wolf_king888

📊#BCH W-shaped structure appears, can it flip and rise❓

wolf_king888 Updated   
BINANCE:BCHUSD.P   BCH Perpetual Futures Contract
➡️This is an analysis given by one of my fans, I think the analysis is very good, now we have reached the key point, if we break through the resistance zone and stabilize, then we can continue the upward trend.

🧠If we fall below the inflection point support line, it will destroy the N-shaped rising structure and start a correction.

If the buy zone support below falls below, a new round of plunge will begin.📉

☕️Everyone may have different ideas, and there's nothing wrong with sticking to your own ideas.
What needs to be noted is, are you a long-term trader or a short-term trader?

If you are a long-term trader and you think it will rise if it breaks through the downward resistance line, then you can use DCA to make spot investments and wait until it reaches your target.

If you are a short-term trader, my advice is to wait for a clear signal to appear before taking a trade.

‼️At the same time, please do the necessary risk management.

👌🏻Trade safe💯

➡️We have found a potential short-term confirmation signal here, and if my follower count reaches 1k before the signal expires, then I will publish this signal for free.🍻

🤜If you like my analysis, please like 💖and share it💬
Trade active:
This is to answer fans’ questions and announce the end of this signal sharing activity.

🧠DCA is an average price trading strategy. It doesn't care how the market fluctuates. It just requires buying a fixed amount at regular intervals. It's very simple. The advantage is low risk and the disadvantage is low return.

Although trading strategies are easy to understand, practical implementation can be difficult. The difficulty lies in how we identify when the downtrend is over. A good time to intervene can increase returns and avoid risks.💯

If we take the first breakthrough of the downward resistance line as the intervention point, then the risk we face is the wide range of SL1.😱

If we use the second breakthrough of the downward resistance line as the intervention point, then we can choose the narrow distance SL2 as the defensive point.✔️
📌Here we can see the importance of timing.

🔶Therefore, patiently waiting for confirmed signals is the key to victory, and do not trade impulsively.💯

🔥This short-term signal release event is over because my number of fans did not reach 1k before the short-term signal expired. At the same time, congratulations to the friends who followed us to print money and once again enjoyed profits.💰🍻

🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
Trade closed: target reached

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