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Personal thoughts
The copycat big cake has stopped falling and has not set a new low. In my opinion, it is a large-scale sideways market. The pressure level is 99500 and the support level is around 93500. If it falls below 93500 and cannot stand above 94000, it will continue to fall and test 90000 or even 88000. If it stands above 94000, it will rebound immediately after falling below 93500 several times, so this is a false break. I think this week's market has the opportunity to rise again to the first rebound high, that is, back to 99500. When the price comes here, 99500 will become a new resistance point. If it can't continue to break through, then this week is likely to be sideways. Wait until next week to see if it can break through 10w again to confirm the end of the decline repair.
The volatile market is easy to do, just stop loss when breaking the previous low and high
🎄Hehe, with a picture of my brother as Santa Claus, I hope there will be no Christmas robbery
The copycat big cake has stopped falling and has not set a new low. In my opinion, it is a large-scale sideways market. The pressure level is 99500 and the support level is around 93500. If it falls below 93500 and cannot stand above 94000, it will continue to fall and test 90000 or even 88000. If it stands above 94000, it will rebound immediately after falling below 93500 several times, so this is a false break. I think this week's market has the opportunity to rise again to the first rebound high, that is, back to 99500. When the price comes here, 99500 will become a new resistance point. If it can't continue to break through, then this week is likely to be sideways. Wait until next week to see if it can break through 10w again to confirm the end of the decline repair.
The volatile market is easy to do, just stop loss when breaking the previous low and high
🎄Hehe, with a picture of my brother as Santa Claus, I hope there will be no Christmas robbery
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