The recent K-line shows a clear upward trend, and the price has gradually risen from the low of 66022 on October 15 to the latest price of 68870.
In the 4-hour cycle, long lower shadows appear many times, showing strong buying support.
MACD: In the 4-hour cycle, both DIF and DEA are positive, but the MACD histogram turns from negative to positive, indicating that the bullish force is strengthened in the short term.
RSI: Currently RSI is at 68.46, close to the overbought range, and we need to be alert to possible callback risks.
EMA: The current price is above EMA7 (68053.99), and is higher than EMA30 (66595.39) and EMA120 (64040.57), showing a strong upward trend
The daily trading volume reached 22590 on October 18, which was lower than the previous few days, showing a slight decrease in market activity.
In the 4-hour cycle, the trading volume fluctuates greatly, especially when the price breaks through the key resistance level, showing signs of capital entering the market.
Operation suggestion: do a double at the current price, stop profit at 69999, stop profit at 68000
69999 Hang a Kong order
