Good morningโ Strong fan Log in๐ Like rich๐๐๐น๐น
๐ ๐ When you have it, you should keep it as it is. ๐ ๐ Over the past week, Bitcoin (BTC) has seen a huge rally as it dropped sharply from the 69553 level to the 65240 level and then stabilized again and fluctuated in the 4000 point range above and below. Increasing difficulty of operation in the short term, daily technical formation of the candlestick chart ends with a small positive candle above the average line, and the W shape in the daily candlestick chart enters the end of the recovery period, a signal to buy. In the 4-hour candlestick chart, the price climbed the middle line and formed a large bullish candle, forming a running channel in a wide fluctuation, as the bearish pullback did not continue after the price rise, but entered the correction and rise direction, and the volume is still gathering with the formation of long contracts, and the moving averages reflect the criticality of the trend, but did not lead to a price decline, and the market was corrected in the short period of time and achieved a recovery, and it will take time to rise and prepare for more, and in the coming period, we mainly focus on taking advantage of the bearish pullback from the low and the bullish correction as an assistant. ๐ ๐ After preparing ETH over the weekend, ETH has started a new period of increase. ETH reached the low point at 2464 during the previous day and rebounded the recovery, and rose to the high point at 2527 and faced the pullback. Today's candles are gathering a small level of bullish K candles, and the daily K candles are shrinking in a row. With the recovery from yesterday's decline, the daily K candle body is relatively small and still maintains the range oscillation. The 4-hour Bollinger Band is starting to shrink, the follow-up channel at 2620 is presented as a short-term pressure, there is a bullish outlook after the breakout, some parts cannot advance during the special strength period, if the structure cannot advance significantly, it will be vulnerable to the Whipsaw rhythm of oscillation.
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Good morningโ Strong fan Log in๐ Like rich๐๐๐น๐น
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When you have it, you should keep it as it is.
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Over the past week, Bitcoin (BTC) has seen a huge rally as it dropped sharply from the 69553 level to the 65240 level and then stabilized again and fluctuated in the 4000 point range above and below. Increasing difficulty of operation in the short term, daily technical formation of the candlestick chart ends with a small positive candle above the average line, and the W shape in the daily candlestick chart enters the end of the recovery period, a signal to buy. In the 4-hour candlestick chart, the price climbed the middle line and formed a large bullish candle, forming a running channel in a wide fluctuation, as the bearish pullback did not continue after the price rise, but entered the correction and rise direction, and the volume is still gathering with the formation of long contracts, and the moving averages reflect the criticality of the trend, but did not lead to a price decline, and the market was corrected in the short period of time and achieved a recovery, and it will take time to rise and prepare for more, and in the coming period, we mainly focus on taking advantage of the bearish pullback from the low and the bullish correction as an assistant.
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After preparing ETH over the weekend, ETH has started a new period of increase. ETH reached the low point at 2464 during the previous day and rebounded the recovery, and rose to the high point at 2527 and faced the pullback. Today's candles are gathering a small level of bullish K candles, and the daily K candles are shrinking in a row. With the recovery from yesterday's decline, the daily K candle body is relatively small and still maintains the range oscillation. The 4-hour Bollinger Band is starting to shrink, the follow-up channel at 2620 is presented as a short-term pressure, there is a bullish outlook after the breakout, some parts cannot advance during the special strength period, if the structure cannot advance significantly, it will be vulnerable to the Whipsaw rhythm of oscillation.