By combining multi-timeframe K-line data such as $FHE 15 minutes and 2 hours, a small position can be opened for a long, but it is a short-term rebound in a game, and caution should be taken regarding resistance above and the risk of trend reversal. The specific trend analysis and trading logic are as follows:
1. Short-term rebound trend is clear, but the medium-term is still in a correction phase - 15-minute chart: Price stabilizes above the middle band of the Bollinger Bands (0.10197), breaks through the MA8/MA20 moving averages, RSI rebounds from oversold territory to 35.88, volume (3.0429 million) approaches the MA5 average volume (3.0519 million), indicating short-term bullish momentum recovery and a clear rebound signal. - 2-hour chart: Although the price has fallen significantly from the previous high of 0.14715, the MA20 (0.09405) still provides support, the lower band of the Bollinger Bands (0.05672) has not been broken, and the 24-hour increase exceeds 29%, showing signs of bottom-fishing by funds. - Mid to long-term: The daily chart is still in a correction process from 0.14715, with MA60 acting as support but not yet forming a bullish alignment, and the reversal trend has not yet been established.
Trading suggestion: build a position at the 0.098-0.1 lower support, use low leverage, with a stop loss at 0.093. Take profit at 0.11-0.12. For reference only.
[The user has shared his/her trading data. Go to the App to view more.]
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.
By combining multi-timeframe K-line data such as $FHE 15 minutes and 2 hours, a small position can be opened for a long, but it is a short-term rebound in a game, and caution should be taken regarding resistance above and the risk of trend reversal. The specific trend analysis and trading logic are as follows:
1. Short-term rebound trend is clear, but the medium-term is still in a correction phase
- 15-minute chart: Price stabilizes above the middle band of the Bollinger Bands (0.10197), breaks through the MA8/MA20 moving averages, RSI rebounds from oversold territory to 35.88, volume (3.0429 million) approaches the MA5 average volume (3.0519 million), indicating short-term bullish momentum recovery and a clear rebound signal.
- 2-hour chart: Although the price has fallen significantly from the previous high of 0.14715, the MA20 (0.09405) still provides support, the lower band of the Bollinger Bands (0.05672) has not been broken, and the 24-hour increase exceeds 29%, showing signs of bottom-fishing by funds.
- Mid to long-term: The daily chart is still in a correction process from 0.14715, with MA60 acting as support but not yet forming a bullish alignment, and the reversal trend has not yet been established.
Trading suggestion: build a position at the 0.098-0.1 lower support, use low leverage, with a stop loss at 0.093. Take profit at 0.11-0.12. For reference only.