$AI trend analysis on January 31
AI, this currency has been very popular recently. Since its listing, after the first day's sharp rise, there has been a wide range of fluctuations, and the rhythm of fluctuations has obvious regularity. To do this, we need to grasp the time dimension of the daily cycle.
In order to better analyze the microstructure, today we will take a look at its internal operating rules from a relatively microscopic perspective of the 60-minute cycle, and why it still maintains an upward shock pattern after the recent decline.
In the one-hour chart, a long negative line appeared this afternoon and fell to the previous bottom, which is the neck support position. It should be said that life is hanging by a thread, but after all, it remains above the upward trend line of the arrow.
On the spot side, I think it is still worth holding. Let’s test the support. If it can hold up, there will be room for it later.
Support level 1.25, very critical