$BTC Long and short positions are both watching o.O


The short-term movement has formed a small bullish structure with higher highs and higher lows, but the strong resistance is approaching, and I have shifted my thinking.
--- The buffer at 64700 is fully stacked, the Fibonacci 50% level, the boundary between strength and weakness, and the descending trend line. So after the price reaches this point, I prefer to go short.
--- After 64700 stabilizes and shows strength, a strong upward move may follow, and I will promptly stop out the short positions.
--- The pullback target is 63300/62300, with a chance for a rebound.
{future}(BTCUSDT)
BTC0.14%
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
  • Pinned