ZEN technology crash! MA7 and MA30 dual-line death cross, bears fully occupy the market, the opportunity is now!
From the K-line chart, both MA7 and MA30 moving averages are diverging downwards, and the price is completely suppressed below the 30 moving average, with weak rebounds. The MACD line continues to hover below the 0 axis, and the momentum bars are continuously shrinking, with bearish signals forming a chain reaction. The Bollinger Bands indicate an overall trend towards the lower band, and a one-sided market is imminent.
In terms of short-term strategy, short positions are undoubtedly the best choice at the moment, but strict stop-loss lines must be set, as market fluctuations should not be underestimated. Blindly chasing orders may lead to contrary results; steady and methodical is the way to survive.
Insight into market rhythms is the beginning of controlling wealth! Follow Old Tan closely, plan ahead, and let the next peak belong to your account! Follow Old Tan, and never let opportunities slip away!
