wolf_king88
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📊#ETH Bullish Head and Shoulders?
🧠From a structural perspective, the support around 1900 is strong, showing signs of stabilizing above this support. A bullish head and shoulders pattern has formed near this support, so we have a chance of continuing to rise from here. The nearest resistance level is around 2038. Strong resistance remains around 2138.
➡️Extreme support remains around 1800. There hasn't been a second test of the previous low yet, so it's still worth watching.
Let's see 👀
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#Wolf_king88 $ETH
🧠From a structural perspective, the support around 1900 is strong, showing signs of stabilizing above this support. A bullish head and shoulders pattern has formed near this support, so we have a chance of continuing to rise from here. The nearest resistance level is around 2038. Strong resistance remains around 2138.
➡️Extreme support remains around 1800. There hasn't been a second test of the previous low yet, so it's still worth watching.
Let's see 👀
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#Wolf_king88 $ETH
📊#BTC Breaks Downward Channel✔️
🧠From a structural perspective, there was no further decline yesterday, and there were signs of stabilizing in the 65000-66000 support zone. Therefore, I tried to buy some long positions after waking up. Due to the aggressive entry point, I locked in 70% profit when it reached the resistance zone near 68500. Interestingly, it fell shortly after we reduced our position. Can we stabilize in the yellow support zone?
➡️The resistance near 68500 remains significant, followed by the top resistance of the box pattern near 72000.
➡️Extreme support is around 60333!
Let's see 👀
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#Wolf_king88 $BTC
🧠From a structural perspective, there was no further decline yesterday, and there were signs of stabilizing in the 65000-66000 support zone. Therefore, I tried to buy some long positions after waking up. Due to the aggressive entry point, I locked in 70% profit when it reached the resistance zone near 68500. Interestingly, it fell shortly after we reduced our position. Can we stabilize in the yellow support zone?
➡️The resistance near 68500 remains significant, followed by the top resistance of the box pattern near 72000.
➡️Extreme support is around 60333!
Let's see 👀
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#Wolf_king88 $BTC
#BTC Update
We're still in the weak support zone of 65000-66000, but resistance has moved down to around 67300. Therefore, I tried some short positions here today and have currently locked in 80% profit around 65919. I'm unsure if we'll see further declines, so I've opted for a conservative approach.
The price is still moving within a downward channel. If we can break through the resistance around 67300, then we might look for opportunities to try some long positions on pullbacks.
Extreme support remains around 60666!
#Wolf_king88 $BTC
{future}(BTCUSDT)
We're still in the weak support zone of 65000-66000, but resistance has moved down to around 67300. Therefore, I tried some short positions here today and have currently locked in 80% profit around 65919. I'm unsure if we'll see further declines, so I've opted for a conservative approach.
The price is still moving within a downward channel. If we can break through the resistance around 67300, then we might look for opportunities to try some long positions on pullbacks.
Extreme support remains around 60666!
#Wolf_king88 $BTC
{future}(BTCUSDT)
#BTC Update
We're still in the weak support zone of 65000-66000, but resistance has moved down to around 67300. Therefore, I tried some short positions here today and have currently locked in 80% profit around 65919. I'm unsure if we'll see further declines, so I've opted for a conservative approach.
The price is still moving within a downward channel. If we can break through the resistance around 67300, then we might look for opportunities to try some long positions on pullbacks.
Extreme support remains around 60666!
#Wolf_king88 $BTC
We're still in the weak support zone of 65000-66000, but resistance has moved down to around 67300. Therefore, I tried some short positions here today and have currently locked in 80% profit around 65919. I'm unsure if we'll see further declines, so I've opted for a conservative approach.
The price is still moving within a downward channel. If we can break through the resistance around 67300, then we might look for opportunities to try some long positions on pullbacks.
Extreme support remains around 60666!
#Wolf_king88 $BTC
📊#BTC Key S/R
🧠From a structural perspective, we remain within the 60,000-72,000 range. The main trend remains bearish, in the early stages of a bear market.
➡️From a model perspective, the highs are gradually decreasing and the lows are gradually increasing, forming a triangle. We are currently within a descending channel inside this triangle. If we can break through 68,500, the upper edge of the descending channel, we have a chance to test the resistance near 70,000.
➡️The weaker support zone is the previously tested 65,000-66,000. Stronger support is around 60,666.
⚠️Note that today's breakout may choose one side, so please manage your risk carefully.
Let's see 👀
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#Wolf_king88 $BTC
{future}(BTCUSDT)
🧠From a structural perspective, we remain within the 60,000-72,000 range. The main trend remains bearish, in the early stages of a bear market.
➡️From a model perspective, the highs are gradually decreasing and the lows are gradually increasing, forming a triangle. We are currently within a descending channel inside this triangle. If we can break through 68,500, the upper edge of the descending channel, we have a chance to test the resistance near 70,000.
➡️The weaker support zone is the previously tested 65,000-66,000. Stronger support is around 60,666.
⚠️Note that today's breakout may choose one side, so please manage your risk carefully.
Let's see 👀
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#Wolf_king88 $BTC
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#ETH Update
The weak support zone has already acted as support.
The price has now broken below this area, turning it into resistance.
We have broken below the lower edge of the bearish flag, increasing the probability of further declines. Since we were involved in a short position on BTC, we have forfeited any shorting opportunities on ETH. Shorting here is not cost-effective at the moment, and the price remains near weak support, making it quite risky. Let's patiently wait for a long entry opportunity at the strong support zone.
#Wolf_king88 $ETH
The weak support zone has already acted as support.
The price has now broken below this area, turning it into resistance.
We have broken below the lower edge of the bearish flag, increasing the probability of further declines. Since we were involved in a short position on BTC, we have forfeited any shorting opportunities on ETH. Shorting here is not cost-effective at the moment, and the price remains near weak support, making it quite risky. Let's patiently wait for a long entry opportunity at the strong support zone.
#Wolf_king88 $ETH
📊#ETH Symmetrical Triangle
🧠From a structural perspective, we are still in the 1737-2152 range-bound trading phase. Therefore, we can trade within this range, going long or short!
➡️From a model perspective, the highs are gradually declining, and the lows are gradually rising, forming a symmetrical triangle after the price has been compressed. Therefore, we need to observe a valid breakout from either side. A bear flag pattern has also formed inside the triangle. If we break below the lower edge of the bear flag, we may test the strong support around 1800.
➡️Strong resistance remains around 2138-2150
⚠️Note that we are in the early stages of a bear market, a phase of liquidity depletion. Therefore, be wary of liquidity traps at the top and bottom of the range!
Let's see 👀
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#Wolf_king88 $ETH
{future}(ETHUSDT)
🧠From a structural perspective, we are still in the 1737-2152 range-bound trading phase. Therefore, we can trade within this range, going long or short!
➡️From a model perspective, the highs are gradually declining, and the lows are gradually rising, forming a symmetrical triangle after the price has been compressed. Therefore, we need to observe a valid breakout from either side. A bear flag pattern has also formed inside the triangle. If we break below the lower edge of the bear flag, we may test the strong support around 1800.
➡️Strong resistance remains around 2138-2150
⚠️Note that we are in the early stages of a bear market, a phase of liquidity depletion. Therefore, be wary of liquidity traps at the top and bottom of the range!
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $ETH
{future}(ETHUSDT)
📊#BTC Key S/R
🧠From a structural perspective, we remain within the 60,000-72,000 range. The main trend remains bearish, in the early stages of a bear market.
➡️From a model perspective, the highs are gradually decreasing and the lows are gradually increasing, forming a triangle. We are currently within a descending channel inside this triangle. If we can break through 68,500, the upper edge of the descending channel, we have a chance to test the resistance near 70,000.
➡️The weaker support zone is the previously tested 65,000-66,000. Stronger support is around 60,666.
⚠️Note that today's breakout may choose one side, so please manage your risk carefully.
Let's see 👀
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#Wolf_king88 $BTC
🧠From a structural perspective, we remain within the 60,000-72,000 range. The main trend remains bearish, in the early stages of a bear market.
➡️From a model perspective, the highs are gradually decreasing and the lows are gradually increasing, forming a triangle. We are currently within a descending channel inside this triangle. If we can break through 68,500, the upper edge of the descending channel, we have a chance to test the resistance near 70,000.
➡️The weaker support zone is the previously tested 65,000-66,000. Stronger support is around 60,666.
⚠️Note that today's breakout may choose one side, so please manage your risk carefully.
Let's see 👀
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#Wolf_king88 $BTC
📊#ETH Symmetrical Triangle
🧠From a structural perspective, we are still in the 1737-2152 range-bound trading phase. Therefore, we can trade within this range, going long or short!
➡️From a model perspective, the highs are gradually declining, and the lows are gradually rising, forming a symmetrical triangle after the price has been compressed. Therefore, we need to observe a valid breakout from either side. A bear flag pattern has also formed inside the triangle. If we break below the lower edge of the bear flag, we may test the strong support around 1800.
➡️Strong resistance remains around 2138-2150
⚠️Note that we are in the early stages of a bear market, a phase of liquidity depletion. Therefore, be wary of liquidity traps at the top and bottom of the range!
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $ETH
🧠From a structural perspective, we are still in the 1737-2152 range-bound trading phase. Therefore, we can trade within this range, going long or short!
➡️From a model perspective, the highs are gradually declining, and the lows are gradually rising, forming a symmetrical triangle after the price has been compressed. Therefore, we need to observe a valid breakout from either side. A bear flag pattern has also formed inside the triangle. If we break below the lower edge of the bear flag, we may test the strong support around 1800.
➡️Strong resistance remains around 2138-2150
⚠️Note that we are in the early stages of a bear market, a phase of liquidity depletion. Therefore, be wary of liquidity traps at the top and bottom of the range!
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $ETH
📊#ETH is about to test the resistance zone again ⚠️
🧠From a structural perspective, we have successfully broken through the S/R level near 2000, so this area has turned from resistance to support. If the price can retest this level, then we can try some long positions.
➡️If we don't retest the support near 2000 from here and instead continue to rise, then we will retest the resistance near 2130.
⚠️We are still in a range-bound phase (maintaining a buy-low-sell-high strategy), so please stay rational and don't let your emotions control you!
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#Wolf_king88 $ETH
🧠From a structural perspective, we have successfully broken through the S/R level near 2000, so this area has turned from resistance to support. If the price can retest this level, then we can try some long positions.
➡️If we don't retest the support near 2000 from here and instead continue to rise, then we will retest the resistance near 2130.
⚠️We are still in a range-bound phase (maintaining a buy-low-sell-high strategy), so please stay rational and don't let your emotions control you!
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#Wolf_king88 $ETH
#ETH
The remaining short positions were closed because they hit the cost price!
The support around 1900 is very strong. I haven't seen further declines, indicating we're not in a hurry to test the extreme support zone below.
Therefore, we should patiently wait for a pullback opportunity before engaging in long positions.
#Wolf_king88 $ETH
The remaining short positions were closed because they hit the cost price!
The support around 1900 is very strong. I haven't seen further declines, indicating we're not in a hurry to test the extreme support zone below.
Therefore, we should patiently wait for a pullback opportunity before engaging in long positions.
#Wolf_king88 $ETH
#ETH USDT.P Crossing 1929
🎯TP1✔️
🔒Lock in 50% profits💰
➡️SL moves to breakeven⚖️
#Wolf_king88 $ETH
{future}(ETHUSDT)
🎯TP1✔️
🔒Lock in 50% profits💰
➡️SL moves to breakeven⚖️
#Wolf_king88 $ETH
{future}(ETHUSDT)
📊Will #BTC continue to fall?
🧠From a structural perspective, we haven't stabilized above 68,000, so it's reasonable that our test of the S/R level here was rejected. The 64,000-66,000 area still represents support, but a rebound has occurred, weakening its effectiveness. If you still want to participate in long positions here, it's recommended to use only a small amount of capital.
➡️Good support is around 60,800, with extreme support around 58,888.
⚠️Note that the previous low L is an invalid defense point, as there's still a chance it will break below this level, so please manage your risk carefully.
Let's see 👀
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#Wolf_king88 $BTC
🧠From a structural perspective, we haven't stabilized above 68,000, so it's reasonable that our test of the S/R level here was rejected. The 64,000-66,000 area still represents support, but a rebound has occurred, weakening its effectiveness. If you still want to participate in long positions here, it's recommended to use only a small amount of capital.
➡️Good support is around 60,800, with extreme support around 58,888.
⚠️Note that the previous low L is an invalid defense point, as there's still a chance it will break below this level, so please manage your risk carefully.
Let's see 👀
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#Wolf_king88 $BTC
📊Where are the key support levels for #BTC?
🧠From a structural perspective, we are still in a downtrend. Significant resistance has formed around 72,000, with the next resistance level around 74,500.
➡️Currently, we are in a weak support zone. Only a solid structure forming here can we participate in a bullish formation, or only after stabilizing above 68,000 should we chase the rally!
➡️A better support zone is around 64,000, with an extreme support level around 60,588.
⚠️US January employment data will be released today, so be wary of potential sharp fluctuations.
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
{future}(BTCUSDT)
🧠From a structural perspective, we are still in a downtrend. Significant resistance has formed around 72,000, with the next resistance level around 74,500.
➡️Currently, we are in a weak support zone. Only a solid structure forming here can we participate in a bullish formation, or only after stabilizing above 68,000 should we chase the rally!
➡️A better support zone is around 64,000, with an extreme support level around 60,588.
⚠️US January employment data will be released today, so be wary of potential sharp fluctuations.
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
{future}(BTCUSDT)
#ETH
The pullback has already occurred.
This means the winning probability has been reached.
If you want a higher risk-reward ratio, you can set a no-risk strategy and then wait.
#Wolf_king88 $ETH
The pullback has already occurred.
This means the winning probability has been reached.
If you want a higher risk-reward ratio, you can set a no-risk strategy and then wait.
#Wolf_king88 $ETH
📊#ETH Ascending Wedge 📉
🧠From a structural perspective, we are still in a downtrend, and the downtrend structure remains intact. Therefore, the risk of further decline has not been eliminated. We are currently facing resistance around 2000; be cautious about chasing the price higher!
➡️From a model perspective, an ascending wedge has formed here. We generally expect the price to continue falling according to this model.
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#Wolf_king88 $ETH
{future}(ETHUSDT)
🧠From a structural perspective, we are still in a downtrend, and the downtrend structure remains intact. Therefore, the risk of further decline has not been eliminated. We are currently facing resistance around 2000; be cautious about chasing the price higher!
➡️From a model perspective, an ascending wedge has formed here. We generally expect the price to continue falling according to this model.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $ETH
{future}(ETHUSDT)
#ETH
The pullback has already occurred.
This means the winning probability has been reached.
If you want a higher risk-reward ratio, you can set a no-risk strategy and then wait.
#Wolf_king88 $ETH
{future}(ETHUSDT)
The pullback has already occurred.
This means the winning probability has been reached.
If you want a higher risk-reward ratio, you can set a no-risk strategy and then wait.
#Wolf_king88 $ETH
{future}(ETHUSDT)
📊#ETH Ascending Wedge 📉
🧠From a structural perspective, we are still in a downtrend, and the downtrend structure remains intact. Therefore, the risk of further decline has not been eliminated. We are currently facing resistance around 2000; be cautious about chasing the price higher!
➡️From a model perspective, an ascending wedge has formed here. We generally expect the price to continue falling according to this model.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $ETH
🧠From a structural perspective, we are still in a downtrend, and the downtrend structure remains intact. Therefore, the risk of further decline has not been eliminated. We are currently facing resistance around 2000; be cautious about chasing the price higher!
➡️From a model perspective, an ascending wedge has formed here. We generally expect the price to continue falling according to this model.
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $ETH
📊Where is the key support for #ETH?
🧠From a structural perspective, we are still in a downtrend, and a box-shaped trading range will likely form between 1737 and 2150. Therefore, both the bottom and top of this range present opportunities for both long and short positions.
➡️Therefore, the key support zone to watch is 1865-1900, with extreme support around 1788.
➡️The resistance zone is 2150-2250.
⚠️In a highly volatile market, please be sure to manage your risk!
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#Wolf_king88 $ETH
{future}(ETHUSDT)
🧠From a structural perspective, we are still in a downtrend, and a box-shaped trading range will likely form between 1737 and 2150. Therefore, both the bottom and top of this range present opportunities for both long and short positions.
➡️Therefore, the key support zone to watch is 1865-1900, with extreme support around 1788.
➡️The resistance zone is 2150-2250.
⚠️In a highly volatile market, please be sure to manage your risk!
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $ETH
{future}(ETHUSDT)
📊Where is the key support for #ETH?
🧠From a structural perspective, we are still in a downtrend, and a box-shaped trading range will likely form between 1737 and 2150. Therefore, both the bottom and top of this range present opportunities for both long and short positions.
➡️Therefore, the key support zone to watch is 1865-1900, with extreme support around 1788.
➡️The resistance zone is 2150-2250.
⚠️In a highly volatile market, please be sure to manage your risk!
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $ETH
🧠From a structural perspective, we are still in a downtrend, and a box-shaped trading range will likely form between 1737 and 2150. Therefore, both the bottom and top of this range present opportunities for both long and short positions.
➡️Therefore, the key support zone to watch is 1865-1900, with extreme support around 1788.
➡️The resistance zone is 2150-2250.
⚠️In a highly volatile market, please be sure to manage your risk!
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $ETH
📊Where are the key support levels for #BTC?
🧠From a structural perspective, we are still in a downtrend. Significant resistance has formed around 72,000, with the next resistance level around 74,500.
➡️Currently, we are in a weak support zone. Only a solid structure forming here can we participate in a bullish formation, or only after stabilizing above 68,000 should we chase the rally!
➡️A better support zone is around 64,000, with an extreme support level around 60,588.
⚠️US January employment data will be released today, so be wary of potential sharp fluctuations.
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
🧠From a structural perspective, we are still in a downtrend. Significant resistance has formed around 72,000, with the next resistance level around 74,500.
➡️Currently, we are in a weak support zone. Only a solid structure forming here can we participate in a bullish formation, or only after stabilizing above 68,000 should we chase the rally!
➡️A better support zone is around 64,000, with an extreme support level around 60,588.
⚠️US January employment data will be released today, so be wary of potential sharp fluctuations.
🤜If you like my analysis, please like💖 and share💬
#Wolf_king88 $BTC
📊#ONDO Bullish Head and Shoulders📈
🧠From a structural point of view, we have a bullish head and shoulders structure constructed near the uptrend support line and the yellow support zone, so we expect a nice upside to come.
Let's see👀
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#Wolf_king88 $ONDO
🧠From a structural point of view, we have a bullish head and shoulders structure constructed near the uptrend support line and the yellow support zone, so we expect a nice upside to come.
Let's see👀
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#Wolf_king88 $ONDO
📊 #ETH Bullish Head and Shoulders, Beware of a Rebound ⚠️
🧠From a structural perspective, we've found support at the weekly neckline support area, forming a bullish head and shoulders pattern, suggesting the possibility of a further rally.
➡️Note that we're currently near the 4-hour neckline resistance area. While further gains are possible, be wary of the risk of a pullback. Therefore, consider a small number of long trades. If a pullback occurs, buy again near the next support level of 4100.
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#Wolf_king88
🧠From a structural perspective, we've found support at the weekly neckline support area, forming a bullish head and shoulders pattern, suggesting the possibility of a further rally.
➡️Note that we're currently near the 4-hour neckline resistance area. While further gains are possible, be wary of the risk of a pullback. Therefore, consider a small number of long trades. If a pullback occurs, buy again near the next support level of 4100.
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#Wolf_king88
📊#BTC complex consolidation phase📊
🧠It is approaching the weekend, and the price is still running below the gray range. If the closing price this week is below the gray range, then the gray range will completely turn into the blue resistance zone, which is not a good signal, which means that the probability of further decline will increase.
➡️From a structural point of view, if we fall below the rising support line and the yellow support zone (84000-86000) and do not recover quickly, it means that we will fall further. 📉
Let's see👀
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#Wolf_king88 $BTC
🧠It is approaching the weekend, and the price is still running below the gray range. If the closing price this week is below the gray range, then the gray range will completely turn into the blue resistance zone, which is not a good signal, which means that the probability of further decline will increase.
➡️From a structural point of view, if we fall below the rising support line and the yellow support zone (84000-86000) and do not recover quickly, it means that we will fall further. 📉
Let's see👀
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#Wolf_king88 $BTC
📊#BTC Downtrend Ended?
🧠From a structural perspective, the risk of further decline has not been lifted, because the short structure at the daily level is still intact and the downward trend line has not been effectively broken, so the next period of time is likely to be dominated by complex consolidation.
➡️If we can successfully break through the inflection point 99425 or the downward trend line, it means that the short structure is broken, and we can find the right opportunity to actively participate in long-long transactions in the subsequent callback, otherwise we still need to be vigilant about the risk of further decline.
Let's see 👀
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#Wolf_king88 $BTC
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🧠From a structural perspective, the risk of further decline has not been lifted, because the short structure at the daily level is still intact and the downward trend line has not been effectively broken, so the next period of time is likely to be dominated by complex consolidation.
➡️If we can successfully break through the inflection point 99425 or the downward trend line, it means that the short structure is broken, and we can find the right opportunity to actively participate in long-long transactions in the subsequent callback, otherwise we still need to be vigilant about the risk of further decline.
Let's see 👀
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#Wolf_king88 $BTC
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📊#BTC how will it develop next❓
🧠From a structural point of view, we are currently moving near the weekly resistance zone. We can only judge that we have successfully broken through the resistance zone when the closing price of the weekly candlestick chart is higher than the blue resistance zone, so we still need to remain vigilant before this condition is met.
➡️If we continue to break through the previous high, it means that the bullish power is still continuing, but the breakthrough is near the gray resistance zone, so wait patiently for the opportunity of a pullback before considering participating in long trades.
➡️I am not considering participating in short trades at present, because short trades are still counter-trend trades. I will only look for short trade opportunities after breaking the inflection point 93340 to establish a short structure or the price rises to the red target zone.
⚠️The Federal Reserve interest rate decision will be announced today, and we will wait patiently for the signal of market structure to appear.
Let's see👀
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#Wolf_king88 $BTC
🧠From a structural point of view, we are currently moving near the weekly resistance zone. We can only judge that we have successfully broken through the resistance zone when the closing price of the weekly candlestick chart is higher than the blue resistance zone, so we still need to remain vigilant before this condition is met.
➡️If we continue to break through the previous high, it means that the bullish power is still continuing, but the breakthrough is near the gray resistance zone, so wait patiently for the opportunity of a pullback before considering participating in long trades.
➡️I am not considering participating in short trades at present, because short trades are still counter-trend trades. I will only look for short trade opportunities after breaking the inflection point 93340 to establish a short structure or the price rises to the red target zone.
⚠️The Federal Reserve interest rate decision will be announced today, and we will wait patiently for the signal of market structure to appear.
Let's see👀
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#Wolf_king88 $BTC
📊#BTC Ascending Triangle📈
🧠From a structural perspective, we are currently in an overlapping resistance zone. We failed to fall further yesterday to build a short structure, but continued to digest the selling pressure here in a sideways consolidation manner. Today, we attacked the heavy resistance area near 95,000 again. Only by breaking through this area can we start the surge mode.
➡️From the perspective of wave theory, there is another opportunity to form a bullish wolf wave here, which also represents a signal that the trend is about to end.
➡️From a morphological perspective, an ascending triangle has formed here, and it has now broken upward. We can expect more gains to appear.
Let's see👀
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#Wolf_king88 $BTC
{future}(BTCUSDT)
🧠From a structural perspective, we are currently in an overlapping resistance zone. We failed to fall further yesterday to build a short structure, but continued to digest the selling pressure here in a sideways consolidation manner. Today, we attacked the heavy resistance area near 95,000 again. Only by breaking through this area can we start the surge mode.
➡️From the perspective of wave theory, there is another opportunity to form a bullish wolf wave here, which also represents a signal that the trend is about to end.
➡️From a morphological perspective, an ascending triangle has formed here, and it has now broken upward. We can expect more gains to appear.
Let's see👀
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#Wolf_king88 $BTC
{future}(BTCUSDT)
📊#BTC enters neckline resistance zone⚠️
🧠From a structural perspective, we hit the daily neckline support and began to rebound. Unfortunately, it's about $170 away from the overlapping support zone I'm focused on, and the rebound didn't establish a 1-hour bullish structure. This suggests a high probability of encountering resistance and a pullback after this rebound. Therefore, don't chase the rally at the neckline resistance zone! Only if we can break through the neckline resistance zone and stabilize for a day or so should we actively consider a bullish move.
➡️Support is clearly around 120,000. Even if it falls below this level, as long as the 4-hour closing price is above it, this support level will remain valid. Extreme support is still around 110,000!
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#Wolf_king88 $BTC
🧠From a structural perspective, we hit the daily neckline support and began to rebound. Unfortunately, it's about $170 away from the overlapping support zone I'm focused on, and the rebound didn't establish a 1-hour bullish structure. This suggests a high probability of encountering resistance and a pullback after this rebound. Therefore, don't chase the rally at the neckline resistance zone! Only if we can break through the neckline resistance zone and stabilize for a day or so should we actively consider a bullish move.
➡️Support is clearly around 120,000. Even if it falls below this level, as long as the 4-hour closing price is above it, this support level will remain valid. Extreme support is still around 110,000!
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#Wolf_king88 $BTC
📊#BTC is about to test support ⚠️
🧠From a structural perspective, the 8-hour support zone has been broken, turning into resistance. Optimism remains only if this zone is successfully broken and stabilized. Currently, the price is within the 12-hour support zone, and there has been no rapid test of the important support zone of 110,000-112,000. I believe the probability of a test of this support zone is still high, so please ensure proper risk management.
Let's see 👀
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#Wolf_king88 $BTC
🧠From a structural perspective, the 8-hour support zone has been broken, turning into resistance. Optimism remains only if this zone is successfully broken and stabilized. Currently, the price is within the 12-hour support zone, and there has been no rapid test of the important support zone of 110,000-112,000. I believe the probability of a test of this support zone is still high, so please ensure proper risk management.
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
#Wolf_king88 $BTC
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