March 19, Wednesday, Analysis of Pancake Early Market Thoughts!
In the four-hour level, after testing up and down, the price consolidates and narrows, running through a contracted channel. After a phase of consolidation, a rebound is achieved, with bullish volume showing an increasing arrangement. The moving averages are consistently rising, and the small cycle has seen a substantial increase. The signs of warming up are stronger, and the strategy is to focus on long positions at lower levels.
In the daily level, the running channel is in a contracted state, but the price pullback is weak and powerless. The bullish volume arrangement continues to release, although accompanied by a phase of actual volume consolidation, there are no signs of decreased volume. The moving averages are twisting and consolidating, driving small cycle fluctuations, but there is no space for downward adjustment. The pullback is merely for further accumulation and recovery. In the upcoming strategy, we should focus on long positions at lower levels.
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