#BTC Divergence Phase, how should we trade?
2024-10-16

📊#BTC Divergence Phase, how should we trade?

🧠From a structural perspective, we can clearly see the existence of a long structure, so the general direction is a long trend, so long trading is the main focus, trend trading will be easier, and the profit will be enough.

➡️If you want to short, it is a counter-trend trade, so counter-trend trading needs to be more conservative, and you need to try it in the heaviest resistance area, and you also need to participate in combination with the short structure.

➡️So, even if you want to short, I am only interested in the resistance area of ​​70080-72144, or wait until a new high is reached to build a short structure before participating.

⚠️It’s not that I don’t do long trading, but the market does not give us the opportunity to enter, so we can only be more patient.

Let’s see👀

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