10.9 Wednesday Morning Pancake Auntie Silk Road and Suggestions
Don't give up on your dreams easily, because miracles are often born through persistence.
Good morning everyone, looking at the daily chart, the price has corrected at the high level, forming a long upper shadow line, indicating that the selling pressure from above is heavy, the current range is still moving downward, and the overall trend is relatively weak. The follow-up If it continues again, the price may further test the 60,000 mark. In the future, we will still focus on the 63,000 intraday suppression area. If it can break through and stabilize this area during the day, the downward trend will be alleviated, but the short-term trend will not change.
From the technical indicators, the MACD fast and slow lines maintain a downward posture, the Stoch two lines are in a flattening posture, and the RSI hook is slightly upward. This shows that the market is still fluctuating downward during the day. I hope you all will not blindly chase the bullish trend in the short cycle. Looking at the 4-hour chart, the Bollinger Bands are closing, and the market is running in the middle and lower rail areas. The current trend is positive for two consecutive times, the bullish sentiment has begun to weaken, and there are long shadow lines above it. This shows that the market is under pressure, and the short-term is at The interval is restoring its rhythm. Once the subsequent rebound is weak, the short sellers are bound to make a comeback, and the market may retrace the support below. In terms of operation, it is recommended to focus on short rebounds, and long orders will pay attention to the support breakage in the afternoon before entering the market.
Wednesday Morning Silk Road
Flatbread
Duosi Road: Duo near the 61600-62100 area
Target: 62800-63300
Kongtan Silk Road: Kongtan near the 63000-62800 area
Target: 62000-61800
aunt
Duosi Road: Duo near the 2390-2420 area
Target: 2490-2520
Kongtan Silk Road: Kongtan near the 2500-2480 area
Target: 2430-2400
(Recommendations are for reference only. The actual operation shall be based on real-time market trends and personal risk tolerance to flexibly adjust the strategy.)
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