Zhi Ming Silk Road's Gold Content is Still Rising
However You Came Down, Just Go Back Up Like That!
June 24th Zhiming Evening Analysis and Suggestions
Today, the big pie market exhibited a strong rebound trend. After experiencing a low point of 99500 in the early morning, the bulls quickly gathered and pushed the price all the way up to around 106000. Although there was a slight pullback afterwards, the price is currently still stabilizing around 105000.
From a technical perspective, the four-hour chart shows a strong bullish candlestick breaking through the middle track and continuing upward. It is worth noting that despite the significant rise, there has been no expected pullback, which suggests that the upward space may still not be exhausted. The current market seems to have entered a brief consolidation phase, building a solid support foundation for the bulls. For the upcoming trend, we are more inclined towards an upward trend, so we can consider choosing a low position to go long during pullbacks. Specifically, focus on buying in the range of 104500-105000.
Zhiming Suggestions:
Big Pie around 104500-104000, looking at 106600-106500
Yitai around 2390-2370, looking at around 2430-2450
#币安钱包TGE
Today, the big pie market exhibited a strong rebound trend. After experiencing a low point of 99500 in the early morning, the bulls quickly gathered and pushed the price all the way up to around 106000. Although there was a slight pullback afterwards, the price is currently still stabilizing around 105000.
From a technical perspective, the four-hour chart shows a strong bullish candlestick breaking through the middle track and continuing upward. It is worth noting that despite the significant rise, there has been no expected pullback, which suggests that the upward space may still not be exhausted. The current market seems to have entered a brief consolidation phase, building a solid support foundation for the bulls. For the upcoming trend, we are more inclined towards an upward trend, so we can consider choosing a low position to go long during pullbacks. Specifically, focus on buying in the range of 104500-105000.
Zhiming Suggestions:
Big Pie around 104500-104000, looking at 106600-106500
Yitai around 2390-2370, looking at around 2430-2450
#币安钱包TGE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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