After 98 days of sideways consolidation, the CKB daily EMA moving average once again showed signs of a bullish arrangement.
A similar situation occurred in early 2024, when the daily EMA was in a bullish arrangement, and the market rose by 1058.07% in 71 days.
Two long ideas:
Ambush in advance: pay attention to the oversold area and capture potential rebounds.
Trend confirmation: wait for the positive line signal after the pull-up and follow the trend.
If the price falls below EMA200, the current bullish logic will fail.