The following are machine translations:
The 4-hour chart shows that the continuous downward trend has ended, and it is starting to rebound. The rebound process is a shock and upward movement. On the way, rising support and resistance are formed, and the combination forms an upward channel.
In terms of trading, the rebound is mainly based on long positions, and long positions can be placed near the support line of the channel below the ascending channel.
The 4-hour chart shows that the continuous downward trend has ended, and it is starting to rebound. The rebound process is a shock and upward movement. On the way, rising support and resistance are formed, and the combination forms an upward channel.
In terms of trading, the rebound is mainly based on long positions, and long positions can be placed near the support line of the channel below the ascending channel.
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📈📉 Join our analysis channel，加入我们的频道：👇
t.me/CryptoObservation
📈📉 我们的中文电报社区：👇
t.me/CryptoMiningCN
☯️ 我们目前提供更高准确度的交易指引，请加入我们的电报社区后和管理员联系。☯️
t.me/CryptoObservation
📈📉 我们的中文电报社区：👇
t.me/CryptoMiningCN
☯️ 我们目前提供更高准确度的交易指引，请加入我们的电报社区后和管理员联系。☯️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.