Daily level:
Daily level yesterday closed with a star line bullish candle
Comparison with daily levels on the 16th and 17th
Here, the first bullish close indicates that the correction from the previous two days has ended
Today, the daily level opened and moved up with a bullish trend
Market sentiment gradually shifts from correction to strong bullishness
I personally believe that there will be a breakout for the daily level here
Current daily level high point: around 93400
Four-hour level:
The 4-hour level is consistent with the daily level
This area belongs to the transition from the end of the correction phase to the beginning of the upward phase
The intensity of the pullback is gradually decreasing, with bottom lows continuously rising
In the final stage of the 4-hour level adjustment
Currently, the upward trend is relatively greater than the pullback
One-hour level:
The one-hour level has formed a clear strong ascending triangle pattern
Starting point is around: 85200
High point position: around 92000
I believe the ascending triangle here is likely to break upwards
The upward target after the breakout is the first segment of equal distance from 85200 to 92000
That is, after the breakout, the first segment equal distance upward target is from 92000 to around 98800
Current price: around 90500
Prediction: Ascending triangle breakout within 3 days, which means by November 22, today is November 19
The current target price aims at one hundred thousand dollars, trading strategy focuses on buying on pullbacks to the trend line