12.22 Monday Lunch Big Cake Silk Road
The big cake surged to the 89600 line but did not experience a significant pullback, instead maintaining a strong upward oscillation within the range. The daily level has seen three consecutive bullish candles continuing to rise, with bullish momentum being steadily released and an upward trend clearly established; although the four-hour line has seen some reduction in bullish momentum, it still recorded a bullish candle, and the KDJ indicator is gradually completing a golden cross and diverging upwards, highlighting short-term rebound signals; the hourly line has synchronized volume expansion with bullish candles, and the price successfully broke through the mid-track resistance, further opening up upward space. The overall bullish trend is clear, and it is recommended to trade on the long side at relatively low levels to seize trend opportunities.
Personal suggestions are for reference only (strictly set defenses)
The big cake can be traded around 87500-88000, with targets of 89000-91000.
The big cake surged to the 89600 line but did not experience a significant pullback, instead maintaining a strong upward oscillation within the range. The daily level has seen three consecutive bullish candles continuing to rise, with bullish momentum being steadily released and an upward trend clearly established; although the four-hour line has seen some reduction in bullish momentum, it still recorded a bullish candle, and the KDJ indicator is gradually completing a golden cross and diverging upwards, highlighting short-term rebound signals; the hourly line has synchronized volume expansion with bullish candles, and the price successfully broke through the mid-track resistance, further opening up upward space. The overall bullish trend is clear, and it is recommended to trade on the long side at relatively low levels to seize trend opportunities.
Personal suggestions are for reference only (strictly set defenses)
The big cake can be traded around 87500-88000, with targets of 89000-91000.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
87,210.96
-0.72%