On Friday, the Whale sold off, and the trend continued to weaken, stopping at around 114600. Subsequently, the market maker supported and pumped it back to 119800. The overall trend has returned to the high end of the fluctuation range. Currently, the low and high points are parallel, and the daily Bollinger Bands are synchronously narrowing. If the parallel high point breaks, it will test the upper band of the daily Bollinger Bands. If it does not break, it will go through another round of parallel range. Therefore, under the pressure, it can be pumped, but if it breaks, it will reverse north. The possibility of the daily Bollinger Bands first narrowing and then moving within the Bollinger Bands range is relatively high. The middle band of the Bollinger Bands has also extended to yesterday's low point. As long as it breaks, it can continue further. In summary, it is still not a strong structure, and the high point can still be pumped.



In the afternoon, focus around 119400 to 119700, defend 119950. The target for the short band is 117800, around the band 116200. The small long band is around 114400. #btc# #区块链# #ETH#
ETH-0.63%
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
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)