#BTC enters resistance zone, beware of pullback

7 天前

📊#BTC enters resistance zone, beware of pullback⚠️

🧠From a structural perspective, the target of this rise has been achieved, so we need to be wary of a mid-term correction.

➡️From a graphic perspective, the daily level seems to be forming a bull flag. This is the third time we are close to the upper edge of the flag. I think the probability of encountering resistance and falling back is higher than the probability of continuing to break through.

Let's see👀

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交易進行

#BTC Update:

Short trades have been activated in the red area.

Breaking below the support resistance conversion area means that this will turn into a resistance area, so when the price rebounds to the S/R area, you can continue to look for short signals to participate in short trades.

103000-105000 has a short-term support effect. The price may rebound when it reaches here, so the reduction target can be set in this area first.