๐ง If we look at it from the perspective of the monthly level, the bullish structure at the monthly level is established after breaking through the neckline, so we don't have to doubt the authenticity of the bull market. The overall trend is a bullish trend, so just be proactive and bullish.๐
โก๏ธWe are currently consolidating near the key neckline, so the divergence here is relatively large. We usually use sideways shocks to digest the selling pressure here. But as the end of the month approaches, we will soon be exiting this volatile range.
โก๏ธIf the monthly closing price is higher than the neckline (69000), then we will continue to move higher with a high probability, and the best target area for the period is 87k-95k. If it is in line with expectations, it means that we will most likely make daily and weekly level adjustments from this range.
โก๏ธIf the monthly closing price is below the neckline, it means that we are likely to make daily and weekly adjustments from here. If it is in line with expectations, then we only need to focus on the buying zones at the daily and weekly levels.
โ ๏ธSo what would you expect to happen? Please leave your opinions in the comment area๐
โก๏ธWe are currently consolidating near the key neckline, so the divergence here is relatively large. We usually use sideways shocks to digest the selling pressure here. But as the end of the month approaches, we will soon be exiting this volatile range.
โก๏ธIf the monthly closing price is higher than the neckline (69000), then we will continue to move higher with a high probability, and the best target area for the period is 87k-95k. If it is in line with expectations, it means that we will most likely make daily and weekly level adjustments from this range.
โก๏ธIf the monthly closing price is below the neckline, it means that we are likely to make daily and weekly adjustments from here. If it is in line with expectations, then we only need to focus on the buying zones at the daily and weekly levels.
โ ๏ธSo what would you expect to happen? Please leave your opinions in the comment area๐
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