A friend said that many powerful celebrities are watching it🈳️Why am I optimistic about July-August?
I pay attention to the technical side and respect the signals given to me by the market. I don’t rely on news. News can only act as a catalyst...
(Of course, it is impossible not to read the news completely if you are speculators)
The monthly price line breaks through MA20 and is also the middle track of BOLL, so it can take off directly. At the same time, I hope to step back on the middle rail to confirm that the better support is around 28600. Being able to step back and break through is in line with our expected trend.
The MACD indicator may not be used by many experts, but some of the simplest and most common indicators are indeed signals seen by more people. The MACD column crossed the zero axis for the first time since it fell below it in 2022, and the fast and slow lines crossed underwater. It was the same for you in 2019.
The entire upward trend line of the daily and weekly lines is intact, the daily line has not changed, and the weekly and monthly lines should not be bearish too early.
Comparing the trends in 2023🆚2019, there are many similarities. The highest rebound of the Mavericks in 2019 combined with the bull market in 2017 was just at Fibonacci 0.618. The price was 13970, and the 0.382 position was 9400.
The current market price of 0.618 in 2023 is 48,000, and the position of 0.328 is 35,800.
