From the 5F central angle, two centers have been formed in the 4-hour rising segment starting from around 64k. The fluctuation ranges of these two centers overlap, and can also be seen as a rougher trend. The current segment is in a divergence segment. The weekly pattern of this divergence segment is support, and the daily central downward trend line is resistance. As shown in the figure below, the daily central line is forming the embryonic form of a triangle oscillation.
After yesterday's 1F center (60-63) fluctuated for a while, the three buys (67) were formed. The current trend is at the weekly line bifurcation position. After the three buys, there are two situations, which will continue to form the 1F center, or return to the 60-63 center to form an expansion structure. Later, we will see whether the trend can stand firm on the weekly bifurcation (the red line above is marked). Now it is blocked in the grinding bifurcation.
From the 5F central angle, two centers have been formed in the 4-hour rising segment starting from around 64k. The fluctuation ranges of these two centers overlap, and can also be seen as a rougher trend. The current segment is in a divergence segment. The weekly pattern of this divergence segment is support, and the daily central downward trend line is resistance. As shown in the figure below, the daily central line is forming the embryonic form of a triangle oscillation.
If it is a triangle oscillation, the current one is the fourth segment, and it will come down when it encounters a downward trend line. The triangle oscillation range is getting smaller and smaller, and then it will explode, up or down. If it does not follow the triangle, the current 4-hour segment will break through this trend line.
Observe the evolution of the trend, and when a selling point appears, immediately sell part or all of your position.
