12.13 Midday Silk Road:
The large pancake rose to around 102500 at midnight and then fell back to around 99100, closing at 99982 in the early morning, currently rebounding to around 99800.
The second pancake rose to around 3986 at midnight and then fell back to around 3835, closing at 3880 in the early morning, rebounding to around 3940, currently at around 3920.
From the current four-hour structure, the large pancake shows a bullish trend, with support around 98900, and secondary support around 96800. Resistance is noted around 10500, and from the one-hour structure, the large pancake shows a bullish trend, with resistance around 100200. Support is noted around 98800.
Midday trading suggestion:
For the large pancake, buy around 100000-100200, target 99300-98800.
For the second pancake, buy around 3940-3960, target 3890-3870.