Long-term market analysis this week

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Technical analysis, from the perspective of the big cake daily K, after 13 consecutive negative columns closed, the last week continued to close positive, making the big cake coin price above 60,000 points! However, last night’s correction brought the coin price to 58,600 points again! From a long-term perspective, a wave of corrections began after the pull-up! The correction will first see whether 58,000 points can get strong support. If it cannot support and continues to go down, look at 57,000 later! Generally speaking, it is still a multi-head trend at present, and the MACD two lines are running upward. The trend is still multi-head, and the multi-head momentum is still gradually increasing! However, the KDJ three lines encountered resistance in the process of breaking upward, and began to have a downward trend. So there will be a wave of downward corrections!

There is another important news this week, which is the upper limit of the Federal Reserve's interest rate decision! This news is very critical, and it is also an important factor for the currency price trend to continue to look good this week! In fact, the good news has been released a long time ago, but it has not been well reflected in the currency price! The Federal Reserve's interest rate decision will be analyzed separately later!

This week's long-term strontium and Lu, mainly step back to do it! Auntie can do it simultaneously!

The support point of the step back is 58,000 first. If it is directly broken through, the subsequent support will be 56,000! The target point for long-term do it this week is 65,000!

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