Brothers, Big G will take you to analyze the FLM four-hour candlestick chart from a professional perspective! The Bollinger Bands and MACD have already given key signals:
The Bollinger Bands reveal the dog dealer's hidden card.
The current price is soaring at $0.038, closely following the upper Bollinger Band. The widening of the channel indicates the start of a violent one-sided market. However, be aware that the middle line at $0.032 perfectly coincides with the three-day life-and-death line, showing obvious traces of the dog dealer's control. If it drops here, it will trigger the machine gun pool of quantitative robots to buy.
The MACD reveals the ambitions of the main force.
The golden cross above the zero axis has lasted 22 hours without weakening, and the angle of the fast and slow lines exceeds 45 degrees, which is a typical characteristic of a major upward wave. However, when the height of the bars reaches a three-month peak, a divergence in volume and price appears at $0.04. Beware of the selling pressure from previous highs triggering a death cross at the 15-minute level.
The struggle between bulls and bears hides secrets.
Combining the aforementioned favorable news about Cosmos cross-chain, this wave of MACD energy bars has suddenly doubled, clearly a result of the resonance between the news faction and the quantitative faction. However, the difference between the upper and lower Bollinger Bands has expanded to historical extremes, meaning either we continue to explode short positions and push the price to $0.045, or there will be a violent spike down to $0.03 in the morning to liquidate leverage due to news from the Federal Reserve.
Remember, the current price is struggling in the overbought zone of the Bollinger Bands. To break through $0.041, it must do so with volume; otherwise, the MACD's top divergence will establish and a pullback will occur. Keep an eye on the middle line at $0.032 at 1 AM; if it breaks, stop loss immediately. If it holds, wait for a second golden cross to add positions!$FLM #山寨币热点
If you currently feel helpless and confused about trading, and want to learn more about cryptocurrency-related knowledge and first-hand cutting-edge information, click on my avatar to follow my introduction. Don't get lost in this bull market!
