When $USUAL drops to around 0.94u, it begins to oscillate in this area, forming a platform.
Whether this platform indicates a trend of rising or falling will only be revealed at a critical moment. I tend to think ahead, and although I currently lean towards believing this is a prototype of a rising platform.
Observing this platform, it is not hard to notice that the support points at the bottom are gradually rising, which is undoubtedly an important basis for judging whether it is a rising platform. If this diagonal support is broken, we may need to maintain a cautious wait-and-see attitude.
I predict that the price of USUAL is likely to hit the high of 1.125, forming another testing momentum, and then may retreat to the range of 1.05. If this series of dynamics can be smoothly realized, then 1.05 will become a key observation point, based on which we will determine whether the price will rebound or unfortunately break down. If the price can rise again, then the upper space may expand to above 1.32.
Price increases are never achieved overnight; they are often accompanied by platform consolidation and accumulation. This consolidation process is actually quietly raising the overall holding cost of retail investors. Imagine if you bought at the low of 0.2 and sold at the high of 1.1, regardless of profit or loss, the important thing is that at the high of 1.1, there are other retail investors willing to take over, thus the overall holding cost rises accordingly.
In this process, your personal gain or loss may not be the most important. The key is whether the holding cost of retail investors can gradually rise with the trend of the K-line. This is not only the subtlety of market operation but also an important measure of the success of the operation.
When the holding cost of retail investors continues to increase with the fluctuations of the market, we have reason to believe that a more stable and sustainable market structure is quietly forming.
In the next layout direction, I will guide everyone to aim for the lucrative opportunities in the imitation market, expecting a space of over 10 times is not a problem. Like + comment, and I will take you to layout the entire bull market!