ASR - VC indicator 4h channel new dynamic interpretation
Currently, the ASR - VC indicator 4-hour channel has a new situation.
After the price fell back to the middle track, it temporarily got support at this moment.
The short-term upward target is the position of the yellow line. However, given that the price corresponding to the yellow line has reached 100,000, as long as a strong and powerful pull-up action can be launched here again, the trend of this wave of market will be to test the 100,000 price level.
On the other hand, since the rebound force generated near the middle track is relatively weak, once the price falls below the middle track, it is very likely to trigger further callbacks and then drop to the blue line.
So far, a specific range has been built between the high and low prices of the oscillation channel.
You can clearly see the specific distribution of this range on the white line in the figure.
To be fair, in the next stage, that is, before the next round of trend market officially starts, all kinds of behaviors such as oscillation and false breakthroughs in this range can actually be regarded as a gradual accumulation of price momentum.
When the price is above the middle track, the overall situation is more favorable for the bulls;
If the price is below the middle track, the situation will tend to be short.
It is particularly important to note that if the price shows a trend of shrinking volume near the middle track, investors must restrain themselves as much as possible at this time, and must not blindly and arbitrarily operate, so as not to fall into unnecessary risks.
