5.18 Weekend Analysis 🌞
Today's Silk Road remains unchanged, still maintaining a rebound high 🈳!
As everyone can see, the 4-hour Bollinger Bands are once again narrowing downward, and the upper band is pressing down below yesterday's high, indicating that the upper side is continuing to be compressed. Today's upper resistance can be monitored at the position where the middle band and EMA30 overlap; the lower band is also moving down to overlap with the EMA60 position, so today's 🈳 target can be seen at this position. The current fast and slow lines at this level are showing signs of convergence, so EMA60 is close to the 2400 level, which may form a parallel support level with the low point on the 13th. Therefore, entering long positions is a more suitable position. If this position fails to hold, then we will face significant turbulence again.
Suggestion: Bitcoin around 1038-1045 🈳 Target 1025-1015
Second Bitcoin: around 2500-2530 🈳; Target 2450-2400 #山寨季何时到来? 946