BTCUSDTPERP PERPETUAL MIX CONTRACT
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#BTC in the resistance zone, beware of pullbacks

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๐Ÿ“Š#BTC in the resistance zone, beware of pullbacks๐Ÿ“‰

๐Ÿง From a structural perspective, we are currently in the blue resistance zone at the daily level, so we need to pay attention to the risk of a pullback if we cannot break through this area.

โžก๏ธThe upward trend support line was broken, so it turned into a resistance line. The price reacted well when it touched this resistance line, so we need to pay attention to the suppression of this resistance line.

โžก๏ธThe downward trend line at the daily level was broken, which means that the adjustment at the daily level may be over, so if there is a good pullback, then we need to look for opportunities for long trades. The support area worth our attention is 80000-81188.

โš ๏ธNote that if the closing price at the 4h level is below 80000, then the market may go bad and we may enter a deeper adjustment.

Let's see๐Ÿ‘€

๐ŸคœIf you like my analysis, please like๐Ÿ’– and share๐Ÿ’ฌ
BTCUSDT.P
Dagangan ditutup: sasaran tercapai
After completing TP1, the position was reduced by 50% and a breakeven was set.
The order was eventually closed when it reached breakeven.

Penafian

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