When looking at long-term technical charts for more than an hour, there is a wealth of key information hidden within. Take the upward channel for instance; it is essentially where the price is 'framed' by a clear trend line, oscillating up and down, showing the momentum of price movements during this period. Fibonacci levels are also common reference tools for us, like the position 0.5A5, which often coincides with market support levels—when the price drops and hits it, this can help us judge the possible future trend.
If the market is steadily rising in a parallel manner, while Fibonacci predictions indicate a potential drop of 1%--1%, and the price returns to a previously encountered resistance level, it becomes particularly crucial to decide whether to enter the market. The entry points marked on the chart are not drawn randomly; they are determined after carefully analyzing the factors of trend lines, support and resistance levels, and Fibonacci points, all blended together.
Market trends never believe in mindless entry; only by following precise strategies can one synchronize with the pulse of wealth. Those without a plan can follow Brother Yong.
Intraday focus: OM SUI MASK TRB BTC
