BTC rebounded from the trend line support, then reached the Fibonacci 0.382 resistance level before initiating another decline, approaching the adjustment support line. If this trend line support fails to hold, it will open up new downside space. For short positions, watch the price levels already marked. For long positions, pay attention to the 65 level. Once the smaller timeframe candle body breaks below the trend line, you must immediately stop loss—do not hold the position under any circumstances.

BTC4,24%

View Original

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.

2 Likes