Chen Tian: Yesterday tested the bottom support, today looks like the bulls are recovering!

CN
陈天
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1 year ago

Life is full of ups and downs. If you want to live a fulfilling life, you need to learn to let go. Only by not blaming the past can you get rid of the heavy burden; as long as you don't give up, nothing can make you retreat; as long as you are strong enough, nothing can defeat you.

In the early hours, the price once again tested the bottom support, rebounding and repairing after reaching a low point around 36700. Currently, it is oscillating around 37200, and the repeated attempts to probe lower levels have not continued. The long strategy provided at midnight remains stable!

From a technical perspective, looking at the daily chart, the candlestick closed lower again, but above the middle track, with a relatively long lower shadow, and the narrowing of the upward running channel formed a contraction posture. Although the bullish momentum did not show strength in rhythm, the bearish trend did not continue excessively. Overall, it still maintains a repairing upward trend.

Looking at the short-term chart, the price probed lower multiple times, stopped at 36700, and began to warm up and repair. The lower support has been further confirmed, and the trading volume has started to convert. The moving average has also shown a turning posture, indicating that the short-term repair has begun. We should continue to maintain a long position in the future.

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Tuesday's trading recommendations:

Long in the 36850-37050 range, with a target of 37550-37850 range.

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持有 MNT 或 XUSD,瓜分 60,000 XUSD 奖池
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