From the daily chart, it can be seen that after fluctuating for so many days, it has finally stabilized above the middle band of the Bollinger Bands. Additionally, a bullish engulfing pattern has appeared. This indicates a further strengthening of the bullish momentum. It was previously mentioned that the market is likely to break out around the New Year's holiday. Currently, the Bollinger Bands are about to narrow, indicating a breakout condition. Therefore, the intraday strategy remains primarily to buy on dips.



Focus around 88500-88000.

Look up to 90500-91000, and then 93000.
View Original
post-image
post-image
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
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)