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An expert asked: Has the decline stopped?
Here is a unified reply again.
We have been talking about this position of 7.2 for a week. If you want to stop the decline, find a new high.
You must stand at this place
But continue to test, the current range remains unchanged
It is still oscillating in the range of 6.9-7.2
If you go in any direction, you will see a clear trend.
If it's unclear, it's very simple. Just trade within the range.
LIVE
艾叔是个好哥哥
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##BTC
[7.2 is the turning point to stop the decline. It has been said for a week. If it cannot go up, it must go back to the support test. Don’t end the world every time it falls. If the position is lower than 5.9, remember to replenish the spot again]
Yesterday's intraday view was that if you want to go short, you should focus on the support and resistance interchange level. If it does not break there, it is not enough to see a change in the small structural trend. What we can see is that there is a rebound at 6.9.
Then it will be clear,
The rebound ends at 7.2 above and the new high target is 7.6
If the price falls below 6.9, we can see a short-term trend downward wedge adjustment.
The lower edge of the structure cooperates with the support. It is also possible to intervene when breaking through and falling back to the support. Trading within the range allows the upper and lower edges to fly.
Support 6.76 6.66 6.5 Pressure 7.28 7.6
[7.2 is the turning point to stop the decline. It has been said for a week. If it cannot go up, it must go back to the support test. Don’t end the world every time it falls. If the position is lower than 5.9, remember to replenish the spot again]
Yesterday's intraday view was that if you want to go short, you should focus on the support and resistance interchange level. If it does not break there, it is not enough to see a change in the small structural trend. What we can see is that there is a rebound at 6.9.
Then it will be clear,
The rebound ends at 7.2 above and the new high target is 7.6
If the price falls below 6.9, we can see a short-term trend downward wedge adjustment.
The lower edge of the structure cooperates with the support. It is also possible to intervene when breaking through and falling back to the support. Trading within the range allows the upper and lower edges to fly.
Support 6.76 6.66 6.5 Pressure 7.28 7.6
Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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