The winning rate of triple bottom or head and shoulder bottom that is consistent with the moving average direction is quite high! apt is bullish, target 8.5~ dot is a bit lame, it fell back from point b, and has stopped loss~
From the perspective of the channel, it is currently close to the upper edge of the channel and overlaps with the 0.618 retracement position. It is a better choice to take profit and prevent a fall after reaching it.
I thought the 4-hour MACD upward trend would weaken and there would be a pullback, but it ended up breaking through the previous high and resistance turned into support. That’s great, I’ll take it back and continue to buy!
fet, if it can stabilize in the 4-hour channel in the short term, combined with the potential head and shoulders bottom on the daily line, there is hope that it will reach 2.2 in the near future~