Yesterday's pullback stabilized, today's sideways movement indicates a trend change, multi-period resonance builds a critical point for a super rise!
[One, Daily Level Analysis]: The intermediate consolidation structure is clear, and the main upward wave is about to take off again!
K-line pattern:
Yesterday (May 15) saw a lower shadow line candle, quickly rebounding after touching a low of 2.31, indicating strong support from the main force;
Today's K-line is running in the upper part of yesterday's entity, forming a 'mother and child line' combination expectation, indicating an imminent trend change.
Moving Average System:
EMA7=2.37, EMA25=2.25, EMA50=2.12, price is steadily running above the short and medium-term moving averages;
EMA7, 25, 50 forming a bullish arrangement, trend confirmed;
Bollinger Bands:
The middle track is at 2.31, forming effective support;
The upper band is at 2.68, which is the first target for this round of upward movement;
MACD Indicator:
Maintaining strong red bars after the golden cross;
Momentum pullbacks without breaking indicate a second explosion;
RSI Indicator:
Currently at 61, belonging to a healthy upward range, not yet overbought.
Daily conclusion: Price is in the middle of the ascending channel, after consolidating strength, it will launch another assault, with strong short-term support at 2.31, breaking through will target 2.68!
[Two, Four-hour Analysis]: Consolidation converging triangle, the breakout is imminent.
Structural Pattern:
Standard ascending triangle convergence structure;
Support platform at 2.30~2.35, resistance platform at 2.45;
Moving Average System:
EMA7=2.36, EMA25=2.34, EMA50=2.29, the three lines are merging and accumulating energy;
EMA100 at 2.19, forming a strong bullish bottom warehouse area;
Bollinger Bands:
Bollinger Bands are extremely narrow, price is about to break through the upper and lower bands;
Current fluctuation range has narrowed to less than 0.10 USDT, a trend change is imminent;
MACD Indicator:
The double lines are approaching the 0 axis again, with red bars appearing;
If it stabilizes above 2.45 in this period, MACD will quickly rise upward;
KDJ Indicator:
After the golden cross, it continues to run in the mid-to-high range, indicating that short-term funds have not fled, and fluctuations present opportunities.
Four-hour conclusion: The triangle's end is about to break, and after breaking 2.45, it will quickly rise to 2.60~2.68.
[Three, Hourly Analysis]: Short-term bottoming successfully, entering the main attack window.
Short-term structure:
Forming **'Double Needle Bottom + Platform Consolidation' pattern**, support is effective;
2.36 becomes a key support during the session;
Moving Average System:
EMA7 and EMA25 golden cross, EMA50 forming bullish support;
EMA100 far from the current price, bullish momentum is dominant;
Bollinger Bands:
The middle track support is at 2.35, and the price fluctuates and operates in the mid-to-upper track;
MACD & KDJ:
MACD red bars continue to grow, momentum is strengthening;
KDJ golden cross running upward, short-term surge is near;
Hourly conclusion: Short-term entering the breakout preparation period, strong support has been established. Once it stabilizes between 2.42~2.45 during the session, the short-term target of 2.60 will be reached.
[Operational Strategy Recommendation Table]
Opening position: 2.395
First Zhi Ying: 2.433
Second Zhi Ying: 2.470
Loss position: 2.360
