๐ง Unfortunately, we did not continue the bullish power according to the previous cup-and-handle structure. This shows that the resistance and selling pressure above are relatively heavy, and corrections can be made through long-term consolidation.
โก๏ธFrom a graphic point of view, we have the opportunity to form an ascending triangle. If we successfully break through the inflection point, then we will most likely rise according to this graphic structure. On the other hand, if we break below the bullsโ defensive level, this bullish view will be invalidated.
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