When the market closed yesterday, a very powerful phenomenon appeared on the daily chart, that is, the second golden cross appeared above the zero axis. This situation has happened before, and each time it was very powerful. And the timing of the golden cross this year was also quite coincidental.
No one has found any clear reason for the market to rise this time. The decline on Sunday night could be said to be due to the possible action of North Korea and South Korea. But the rise yesterday had no reason at all.
The current market trend is like various trading systems sending signals at the same time, saying "it's time to rise".
However, judging from the trading volume, although the increase is not small, the bullish force is not that strong and has not reached the main force level. So, I think there may be a correction next.
This time, I think the correction may be a bit strong, probably to around 64,000, which is also the position of EMA21 on the 4-hour chart, and is close to the 0.5 position of fib.
When the correction occurs, I think you can try to take more. As for shorting, I might try to do a short short and run after making some money.
The copycats are ready to move. I plan to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is expected that there will be no problem with more than 10 times the space. If you like spot or contracts, follow me and keep up with my pace.
