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In recent days, our analysis of dual currencies has been one word, rising. We made a bold statement during the live broadcast, believing that the daily chart of Da Bing will definitely break through MA30.
The fact is that it is indeed the case. Despite the upward pressure on the market in the past few days, we still have confidence in his upward movement. The trend did not disappoint us.
The next thing we need to analyze is where we went long and why we didn't analyze the direction, because the direction has already been determined and the upward trend of the market is almost certain. Where is the endpoint of the upward movement? This is the question we need to explore.
Looking at the market, our initial expectations are completely in line. The action of breaking through resistance on the price exceeded our expectations to some extent. Although we mentioned in yesterday's live broadcast that the fastest breakthrough would be yesterday, to be honest, our confidence is not that strong. However, the fact is that there has been an upward movement in the price, so from this perspective, the trading principle we currently need to adhere to is to buy on dips.
Both the Mac D of the Big Dipper and Ethereum dual currencies have a clear upward trend with a continuous golden cross. Ethereum is approaching the zero axis with one step ahead of the Big Dipper, while the Big Dipper still has some distance to go from the zero axis. In other words, the Big Dipper has a promising upward trend. The trend of Ethereum on the dual currency market is relatively strong, and we are currently considering going up to touch the MA60 line. However, we believe that both the upper attack endpoints of the Big Dipper and Ether daily levels need to refer to the daily ma60.
At present, there may be variables at the 4-hour level, because at the 4-hour level, we are concerned about the emergence of the embryonic form of the top structure in both currencies. The top structure is a self created trading system that senior officials are proud of. So for us, the main focus during the day today is to pay attention to the operational status of this 4-hour level top structure.
During today's live broadcast, Lao Guan will also share with you the overall operational posture of the top-level structure at the 4-hour level. I think the trading attribution of the market can only be finally determined after tonight's live analysis is completed.
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QQ group link: https://qm.qq.com/q/HW8WQk05Ok
Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.