It's not just a coincidence that I mentioned a reversal rate of 95% on April 10. With the current chart, unless there is some unexpected news, this correction bottom has likely been established at 74k, the daily chart has surpassed EMA200, touched the EMA89 resistance, and is looking to break through the cloud.

Last week, it moved sideways around 28,576,280,792 VND in the range of 83-86k, the H4 Bollinger Bands are tightening, and this morning it started to open up and break the resistance around 85-86k => this area now becomes support. Usually, when the Bollinger Bands open in one direction, the price will tend to move in that direction as well; I also mentioned the timing of strong volatility at the beginning of this week in the chat channel a few days ago.

In the European afternoon session and the American evening session, the market will open on Monday. Those trading futures can wait to see how the market reacts. If there is a correction around 86k, it would be a good opportunity to enter alts. Moderate to low volume with distant TP/SL will be easier to profit in this phase.

This post was published yesterday; follow me for the earliest market updates at tradecoinsignalsvn (free)

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