The news led to a breakthrough signal in the mainstream BI, and the market continued to be bullish in the evening!

There was a slight pullback in the morning, but the pullback was not too deep. The hourly line strength was not effectively opened. The turn to the negative after the midday did not continue to test the upper high point. This pattern belongs to the correction of the bulls. Although it did not go very strong during the day, the retracement space of the hourly line from the midday to the European session was not large. It was still above the 60,000 line of the starting point of the bottoming out and rebound last night. In addition, the trend itself was strong and bullish, so it was still bullish in the evening!

The high point of the correction pullback after the pull-up on Monday this week was in the 59-60 area. If this area is strong in support, it will continue to rebound after stepping back in the morning or deviating from this position. There is no second stepping back. If the European session turns negative and then steps back, the support is weak, and there is a need for piercing. The low point of the bottoming out and rebound last night was 59,000, which is also the low point of the hourly line. This is also the support position of the intraday retracement we mentioned in the morning. In addition, the recent correction of the bi price mostly uses a small double bottom or the previous low point as the starting point of the second rebound to continue to pull back.

Combined with the current bullish advantage, the retracement is only a correction feature of the bulls. The support position of the dividing line and the lower trend line is 59,000-58, and the principle of raising the bullish low point. In the evening, we will continue to rely on the support here for defense and look up, and the upper resistance is 61, 62.

【Big Pie】

Operational suggestions

Buy around 58-59

Target is 61-62

Defense is around 57

【Auntie】

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