wolf_king888

wolf_king888

➡️Since the small double bottom long defense and the uptrend support line are broken, it means that the small long structure is broken, and the probability of continuing to challenge the previous high is reduced, so the buy zone here is invalid. 🧠If we can continue to make complexity adjustments, and we end up being squeezed into an ascending triangle without...

wolf_king888

🧠We can see from the chart that we have formed a very standard smiley face bearish structure in the resistance zone, so the probability of us falling is greater than the probability of rising. So we will most likely sweep the liquidity pool below. ⚠️Note that this bearish idea will become invalid if we break out of the resistance zone and continue rising.❌ Let's...

wolf_king888

➡️We went through a long consolidation of 521 days after completing our short target, and eventually we were squeezed into a triangle. 🧠At present, the target zone of our small long structure has been successfully achieved, and it is right in the resistance zone, so there is a need for a pullback. When we pull back to the yellow support zone and stabilize, we...

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➡️After 10 + days of consolidation, we gradually formed a descending wedge pattern (we generally rose according to this model). If we follow the falling wedge model, the ideal double short target may not be fully realized, so we should not be too persistent, the trading market is so changeable, so we should remain flexible, so that we can follow the rhythm of the...

wolf_king888

➡️During a complex consolidation, the probability of a short top structure being established becomes lower and lower. Because the two short defense points here are broken, it means that the two short structure is broken, and there is no intention to continue the short. So I think the probability that the potential double top structure holds has become...

wolf_king888

🧠ETH structure will look clearer, it is clear that the double head short structure, the current short target has not been fully realized, so even if the rise we can not be too optimistic, try to maintain the rally after the short view.📉 ⚠️Note that if our short defense point is breached, it means that the short structure is broken, which means that the...

wolf_king888

➡️Judging from the analysis of the previous article, we chose path 1 to move, but don’t be too optimistic about the rise, because we have a potential double top short structure in the resistance zone, so the resistance we face is very large , so the probability of continued consolidation or correction is greater than the probability of rising above...

wolf_king888

➡️When we were initially strongly bearish, it was because there was an obvious short structure. However, because our short defense point was broken, the short structure was destroyed. The destruction of the short structure does not mean that it will continue to rise. We It is also possible to form a new short structure or continue to consolidate, because we are in...

wolf_king888 Updated 

➡️Although I am very bullish on AAVE's upside potential, we have been stuck here for a long time. Our long positions were wiped out after falling below the uptrend line. Although we did not achieve the expected goal, we Very substantial profits have been locked in above. 🧠Since we have formed a new smiley face short structure during the consolidation here, then...

wolf_king888 Updated 

🧠According to yesterday's analysis, we are still in a double-top short structure. At present, wave A may have been completed, and next we will most likely go to wave B. The expected trajectory is fully in line with expectations, and the view of shorting after the rebound remains unchanged.📉 ⚠️But please note that if our short defensive point is broken, it means...

wolf_king888 Updated 

🧠Yesterday we had a good reaction after hitting the POC line, and we ended up closing above the trend support line. Now we have bounced back to near the resistance zone and then stopped, and the trajectory is exactly as expected. Next, we will most likely continue the short strength, which must be the callback that everyone has been waiting for.🙏 ⚠️Note that if...

wolf_king888 Updated 

🧠Yesterday, we continued the strength of the bulls, but unfortunately, we failed to successfully challenge the former high, and began to fall, and the bull defense point was broken, which means that our bull structure was destroyed, which means that the double top bearish structure will have a high probability of subsequent continuation of the bearish force, so it...

wolf_king888 Updated 

🧠Yesterday we said that if the uptrend triangle support line is broken, the bullish idea of the small cycle will fail, in addition, our long defense point is also broken, which means that the long structure is broken, the double top short structure appears, meaning that the medium term adjustment is likely to appear, so we have to follow the change of...

wolf_king888

👆As we analyzed in the previous post, we broke the short defense point, which means that the short structure is broken, which means that we will continue to extend the strength of the bulls, challenging the former high with a high probability.✔️ 🧠We formed a smiley bullish structure after two days of consolidation over the weekend, so it is reasonable to think...

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👆We analyzed in the previous post that we have a cup-handle structure in the big cycle, so the general direction still belongs to the bulls, then we still maintain a positive and bullish attitude to do it.⚙️ 🧠During the mini-cycle we formed an upward triangle after two days of consolidation over the weekend, so it is reasonable to think that we will continue to...

wolf_king888

➡️We analyzed this possibility on November 4 before the cup handle structure of ETH was formed, and we have maintained a positive bullish attitude in the following developments. On the 8th, I published this multi-trading strategy internally, and I am very happy that we achieved all the goals as expected, with a total return of 1000%+. Congratulations to the...

wolf_king888

➡️Yesterday, after we broke through the bull flag, there was a correction of more than 3,000 dollars, the volatility is very huge, so we should not forget risk management at the same time. When we have all the measures in place, we will not feel overwhelmed by the huge fluctuations in the market, because everything that can happen is within our expectations, so...

wolf_king888

➡️We analyzed in previous posts that we had a high probability of being bullish through the rising triangle and cup-handle structure, so we laid out the bull market trap several times and were happy that the market developed as expected. Now that we have locked in major profits and expect more without risk, congratulations to the friends who followed the Wolf King...