I have learned that as a financial novice, I used to think that traders and market makers were no different, but now that I have practical experience, I truly understand that market making and bottoming are quite reasonable.
LIVE
三思宁
--
$USUAL fell to around 0.94u and is fluctuating to build a platform. Whether this platform is an ascending platform or a descending platform can only be determined at the nodes. I like to write articles well in advance, and I estimate it will likely be an ascending platform. The key point at the bottom of this platform is getting higher and higher, which is also the main basis for assessing whether it is an ascending platform. If the diagonal support key point is broken, one can continue to observe. Additionally, the price will impact 1.125, forming another trial line, and then retreating to 1.05. If this line is formed, we can see whether after 1.05 the price rebounds or breaks down. If it rebounds, the price will rise above 1.32. The price increase cannot be separated from the consolidation of the platform. The purpose of the consolidation is to raise the overall holding cost of retail investors (for example, if you bought at 0.2 and sold at 1.1, it doesn't matter if you made money or not; if 1.1 has other retail investors taking over, then the overall holding cost increases). It doesn't matter whether you made a profit or not, as long as the retail investors' holding cost rises along with the K-line trend, that's a successful operation.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.