👀 We pulled back sharply after being rejected at the resistance zone as expected and have now stopped falling near the buy zone.
🧠From a structural point of view, the bullish cup-and-handle structure has not been destroyed, so the expectation of rising prices still exists, and it is impossible to chase the decline in the buying zone.
➡️From the perspective of wave theory, before wave 4 is broken, the upward trend is intact, and wave 5 is still worth looking forward to.
⚠️Note, if we continue to fall after rebounding, we need to be wary of entering the complex consolidation stage at the weekly level again.
☕️In addition, after experiencing a sharp decline, it is also a weekend, so the trading volume should not be too large, and the situation reflected in the chart should not change much. So have a good rest over the weekend. ☕️
⚠️Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share it 👋follow me. Learn about further structural evolution💕 BTCUSDT.P
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