September 22 Afternoon Analysis



Huang Qing played the "Crazy Roller Coaster," performing a complete cycle of "drop-bottom-rise-drop." How did it go up, and how did it come back after waking up?

Returning to the main topic, looking at the 4-hour chart, after the second bottom test, the structure of rising lows that has emerged remains solid. Moreover, this extreme "roller coaster" deleveraging behavior has not only failed to change the overall trend but has instead once again laid the foundation for an upward movement.
Next, it is still the same, focusing on the early bottom support levels. Holding steady is still the beginning of the next round of upward movement.

The Bitcoin price is around 108200-108000, looking up towards the area near 110000.
Auntie is around 3850-3830, looking up near 4100 #币圈 #加密货币 .
ETH-0,99%
BTC-1,66%
View Original
post-image
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
Add a comment
Add a comment
No comments
  • Pin