#BTC Potential Head and Shoulders Structure
2024-12-24
Category: None

📊#BTC Potential Head and Shoulders Structure☕️

🧠Yesterday, I set a long limit order in the support area 85700-90400 in order to find a rapid decline. However, it rebounded early, indicating that the previous expectations were invalid, so market risks need to be re-evaluated.

➡️We can see from the strong rebound that the support here is very heavy, so it is reasonable to form such a rebound.

➡️There is no bull signal appearing yet, so we need to remain patient. If we can build a bullish head and shoulders structure in the support area, it means that the trend reversal is likely to begin, so we can participate in long transactions normally.

Let's see👀

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