📊#BTC Continues Deepening Correction?
🧠From a structural perspective, we are still in a daily-level correction phase, with a short-term downtrend. Therefore, until a bullish structure is established within the same timeframe, we need to be wary of further pullbacks. We can only maintain an optimistic outlook after reversing the blue resistance zone.
➡️Therefore, short-term support is around 85358. If we continue to break below the low L, then we need to pay attention to the next support zone at 69000-74500.
Let's see 👀
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BTCUSDT.P
🧠From a structural perspective, we are still in a daily-level correction phase, with a short-term downtrend. Therefore, until a bullish structure is established within the same timeframe, we need to be wary of further pullbacks. We can only maintain an optimistic outlook after reversing the blue resistance zone.
➡️Therefore, short-term support is around 85358. If we continue to break below the low L, then we need to pay attention to the next support zone at 69000-74500.
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
Trade closed: target reached
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🔥🔥Use the invitation link to register and trade, and you can join the spot VIP club for free.🔥🔥
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
