From a technical analysis, the current bullish trend is clear and has continuity. In recent trading days, the market has shown the characteristics of "easy to fall but difficult to rise". Even if there is a correction, it is difficult to sustain. The price will rise quickly after a slight adjustment. Therefore, going long with the trend has become the core strategy, and any decline is an opportunity to arrange long orders. In terms of support, the daily level near 3400 constitutes a key support. If the price is close to this area, you can arrange long orders; the hourly level near 3420 also has a supporting role, which is suitable for entering the market to go long. For short-term operations, Mr. Weng suggested waiting for the price to rebound above 3450 before considering shorting in the short term. Judging from the current strong pattern, if 3450 is effectively broken, it is only a matter of time before it will rise to 3500. Therefore, it is not advisable to be overly bearish. Strict stop loss and trend trading are the prudent strategies.
Join My Telegram Channel
t.me/+6fAE_EE74wQ2MmU8
Join my signal channel
t.me/+6fAE_EE74wQ2MmU8
t.me/+6fAE_EE74wQ2MmU8
Join my signal channel
t.me/+6fAE_EE74wQ2MmU8
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.
Join My Telegram Channel
t.me/+6fAE_EE74wQ2MmU8
Join my signal channel
t.me/+6fAE_EE74wQ2MmU8
t.me/+6fAE_EE74wQ2MmU8
Join my signal channel
t.me/+6fAE_EE74wQ2MmU8
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.