📊#BTC reaches the staged rebound target area✔️
🧠The market has rebounded as expected and has now reached the phased rebound target area. We need to be alert to the risk of a pullback. Yesterday we said that the bullish cup-and-handle structure has failed, so there is no reason to continue to be bullish. Even if there is a strong rebound, I will not be too optimistic.
➡️From the perspective of wave theory, there is the possibility of a bearish wolf wave forming here. Wave 4 may be completed here, beware of the occurrence of wave 5. ⚠️
Let's see 👀
⚠️Don’t forget risk management⚠️
✔️Trade Security✔️
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BTCUSDT.P
🧠The market has rebounded as expected and has now reached the phased rebound target area. We need to be alert to the risk of a pullback. Yesterday we said that the bullish cup-and-handle structure has failed, so there is no reason to continue to be bullish. Even if there is a strong rebound, I will not be too optimistic.
➡️From the perspective of wave theory, there is the possibility of a bearish wolf wave forming here. Wave 4 may be completed here, beware of the occurrence of wave 5. ⚠️
Let's see 👀
⚠️Don’t forget risk management⚠️
✔️Trade Security✔️
🤜If you like my analysis, please like 💖 and share 💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BTCUSDT.P 
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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.