In the 4-hour chart, the strong trend did not continue after the mid-yin broke down. Instead, the oscillation back and forth consumed the downward momentum. In the past few days, the support of 2604 has been tested several times, but it has not been successfully broken down. This shows that the support at this position is still relatively strong. It is difficult...
Bitcoin has been accumulating long orders for over 6 months now leading the market to have an imbalance between buyers and sellers, buy orders exceeding sell orders. The technical data presented in the technical analysis represents the continuation of a premature bullish market. Price is currently trading inside a very important point of interest in which selling...
We can see how the price enters the ascending channel, where it immediately breaks through resistance level 2 and falls to the support line of the channel. Then the price rises back to resistance level 2, breaks through it, and trades inside the resistance zone for a while, after which it rebounds and grows to almost the resistance line of the channel. The euro...
As seen here, we got Target #3, which is Very Important Level - it's Cluster. So, what is now? We need to break 64500 to challenge new high! Will see.
Uptrend Side: If the price can stabilize above 75.47, it is likely to rise to 78.54, and potentially further to 80.56. Correction: Maybe the price rises toward 75.47. Downtrend Side: as long as trade is below 75.47, it will fall more until it touches 73.59 and below it 71.78.
In the face of a strong market, technical indicators have lost their sensitivity, but they can still be used as a reference. For example, the current moving average opening is in an enlarged state, which also shows that gold is in a bullish situation to a certain extent. Long is better than short. The operation strategy for next week's opening is to go long on the...