📊#BTC falls below support zone, Can key support hold❓

11. Okt. 2023

🤯Despite any expectations, there are always two options for the development of events in trading, growth or fall. The main thing is to identify trigger zones that signal a change of mood.👀

🧠Expectations for local growth did not materialize, and Bitcoin fell below the strong support of $27,000 after exiting the upward channel. Next, we will choose to attack the key support zone, if it cannot be held here, then it means that the bull structure is completely destroyed, then the subsequent will continue to bear.📉

Let's see👀
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12. Okt. 2023

Anmerkung

📊#BTC faces a final choice of direction. Wait patiently☕️

➡️Now BTC is in a paradoxical position😵‍💫

➡️If you are long, but there is still a short target area below that has not been fully realized, there is a risk of being swept away.⚠️

➡️But if we go after the short, it seems unreasonable, because the breadth of risk management Settings is too large.❌

➡️Since the logic of long and short entry is unreasonable, then our best way is to choose to wait.☕️

🧠If the bull defense is broken and the entire bull structure is destroyed, then all the rallies that occur in the future will be the best short opportunity.📉