#BTC The daily Dodo head continues to advance upward, and after a pullback, it enters consolidation. This has happened five consecutive times, so according to the wave ⑤ structure, there will be a correction of wave one to two, around 782 and 775. Of course, it also depends on whether the strong resistance at 794 can hold. Currently, the daily Bollinger extension and the upper resistance overlap, but it has not yet extended above the resistance level. Therefore, the upward space is still open, and the expectation for a pullback is increased. If it pulls back to around 782, it can reduce the long positions or stand neutral, and around 775, it can fully stand neutral.

ETH3.88%
BTC4.26%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin