Tuesday Daytime Big Cake Two Cake Strategy
On the four-hour level, the big cake has dropped sharply to the lower band of the Bollinger Bands, which is certainly not a reversal signal, but rather a healthy pullback after a previous rapid rise. After touching the lower band, the momentum has slowed, and the bearish pressure is weakening, with the key support area firmly holding the bottom.
On the hourly level, after breaking through the short-term support, it has stabilized around 86000, and the market's oversold sentiment continues to build up, with the demand for a technical rebound becoming increasingly strong.
Although the moving average indicators are temporarily diverging downward, key support levels are often the ignition points for corrective rebounds. The overall trend has not changed; the big cake is still in the consolidation phase of a medium to long-term upward channel. This pullback to the lower band is precisely to relieve pressure for the next round of upward attacks and to solidify the foundation. A reminder to newcomers: manage your defenses well when trading!
Big Cake: around 85000, → around 87200;
Two Cake: around 2900, → around 3020.
Personal opinion, for entertainment purposes only, not for investment advice!
