4.9 Afternoon Azusi Report:



On the 4-hour chart of Big Bing, after yesterday’s massive surge, the market has entered a pullback and consolidation phase. Recently, the candlestick bodies are relatively small, and the wicks are relatively long, indicating that the long and short forces are in balance with no clear direction. The MACD indicator’s DIF line and DEA line are both above the 0 axis. The DIF line is still above the DEA line, but both the DIF line and the MACD histogram are showing a downward trend, indicating that short-term upward momentum is weakening.

Layout suggestions:

Big Bing: Southbound from 71,500-71,000, target 69,800-68,800

Er Bing: Southbound from 2,200-2,180, target 2,080-1,980$BTC
BTC-2.29%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments