📊#BTC forms a rising bull flag, what happens next❓

30 oct. 2023

🧠I look forward to continuing to rise, because our general direction is in the bull structure, the formation of a new smiley bullish structure in the bull flag, and there are targets above to look forward to.🙏🎯

⚠️But we can also move down, because our medium-term goal is achieved, and the action we do after the goal is achieved is to reduce and watch, and the downward correction can also make the rally healthier.💯

➡️Now we don't need to guess where the market will go, we just need to watch the breakout of key points (H) (L).
If we break the key point (H) upward, then there is a high probability that we will continue the rally to achieve goal 1.📈

➡️If we choose to go down below the key point (L), then there is a high probability that we will move towards the support zone📉

Let's see👀

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30 oct. 2023

Trade fermée manuellement

📊#BTC has broken the bear defense and entered a correction, next❓

➡️The multiple orders we chased yesterday were a little aggressive, because we were worried about missing market opportunities, so the entry point was not particularly good, so we chose to close the position.✔️

🧠In addition, after we clear the top bear defense, we also clear most of the short sellers, and get enough liquidity, downward correction and reallocation will be more reasonable.

⚙️According to the Elliott wave theory, the 5 waves may end here, and then we may enter the Elliott correction wave, the buy area below is worth watching.

⚠️Note that if we continue to break upward, this analysis is invalid.

Let's see👀

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