Sir Zhu's strategy for the big pie ETH from October 21
Observing from the four-hour level, the market touched the upper Bollinger Band and then fell back under pressure, forming a three consecutive bearish candle pattern. However, the downward momentum is mild, and the bearish energy is significantly insufficient. The overall shape of the three lines of the Bollinger Band diverging upwards has not been broken, and the bears lack a foundation for sustained force, making a rebound in the future inevitable. Switching to the hourly level, the opening of the three lines of the Bollinger Band continues to narrow, and the oscillation amplitude is gradually reducing, indicating that the market is in a stage of energy accumulation. As the short-term oscillation consolidation progresses, market momentum is about to start, and the subsequent trend is expected to break towards the rebound direction. It is essential to pay close attention to the market direction after the energy release.
Today's operation suggestion: go long. Around 109500 for Bitcoin, ↑ looking for a breakthrough at 111500 to continue ↑ looking at 114000. ETH 3920 nearby, ↑ looking for a breakthrough near 4000, continue to ↑ look around 4075.
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Sir Zhu's strategy for the big pie ETH from October 21
Observing from the four-hour level, the market touched the upper Bollinger Band and then fell back under pressure, forming a three consecutive bearish candle pattern. However, the downward momentum is mild, and the bearish energy is significantly insufficient. The overall shape of the three lines of the Bollinger Band diverging upwards has not been broken, and the bears lack a foundation for sustained force, making a rebound in the future inevitable. Switching to the hourly level, the opening of the three lines of the Bollinger Band continues to narrow, and the oscillation amplitude is gradually reducing, indicating that the market is in a stage of energy accumulation. As the short-term oscillation consolidation progresses, market momentum is about to start, and the subsequent trend is expected to break towards the rebound direction. It is essential to pay close attention to the market direction after the energy release.
Today's operation suggestion: go long.
Around 109500 for Bitcoin, ↑ looking for a breakthrough at 111500 to continue ↑ looking at 114000.
ETH 3920 nearby, ↑ looking for a breakthrough near 4000, continue to ↑ look around 4075.