Sir Zhu Silk Road on the evening of October 11


I escaped the black swan but couldn't escape the torment of illness! Thank you to all the friends who have always supported Zhu Sir, now bringing you the latest Silk Road.

From the front盘面, the 1-hour level shows that after the market formed a three consecutive decline to the 110022 line, it paused its downward trend facing an important level and showed a relatively strong rebound trend. Currently, it is running around 111500, showing weakness. It is rare to see such a degree of market movement on Saturday. The Bollinger Bands have changed from a continuous downward trend to a clearly narrowed shape. In the short term, it is likely to move in a consolidation manner, while the overall trend is still in a downward channel. Therefore, the market trend belongs to a weak consolidation structure.
Since there are currently no signs of a reversal in the evening, it is recommended to continue with the daytime strategy, focusing primarily on short positions.

The pancake is around 112000, ↓ look near 110000.

The second pancake is around 3850, ↓ look near 3750.
Set your stop loss properly!!!

Investment carries risks; proceed with caution!
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)