Wednesday Evening Analysis
Other people's methods may not necessarily suit oneself, but they are worth referencing. There are many things to observe, learn, and comprehend regarding trading skills. One must grasp the essence to achieve a thorough understanding! Choice is more important than effort, and method is more important than ability. Choosing the right people and following the right trades can double profits.
From the 4-hour chart, although the previous market faced pressure and retreated at high levels, there has not been any significant adjustment. If the coin price stabilizes around 95000, then the bullish trend remains strong. The current strong trend at high levels needs to be sustained, and breaking through as early as possible is ideal!
From the 1-hour chart, the market has risen directly without any pullback; the only issue is that the movement is somewhat slow. Therefore, the bulls will continue to exert strength. The 1-hour moving average continues to cross upward, forming a golden cross pattern. Any pullback presents an opportunity to go long. Today’s lowest point is around 95000, so in the future, we will continue to buy on dips. The bulls are strong; in the face of the trend, there is no highest point, only higher points. The bulls will continue to rise!
Evening trading suggestion: Buy in the 95700-95200 range, targeting the 97000-97500 area!