🧠A new week has begun, we once again broke through the neckline resistance zone at the monthly level, and the upward trend is very good. However, we are currently near the periodic resistance zone, and it is unreasonable to chase the increase because the stop loss range is large.
➡️If the price can return to the upward trend support line and neckline to gain support, it is reasonable to consider going long. Otherwise, let it continue to rise. You can pay attention to the heaviest resistance area in the mid-term (72000-74000)
⚠️Note that if we fall below the upward trend support line, it means that the upward trend is over, and we need to be alert to the occurrence of a deep correction.
Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 BTCUSDT.P
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.