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Jacky’s Market Evening View:
Bullish signals are clear; the overnight continuation of the bullish attack pushed up to 76,500 but faced resistance and pulled back to 75,400. In the afternoon, it quickly rebounded to 76,200, with the whole day oscillating strongly between 75,800 and 76,400. The bulls have extremely strong support!
The pattern also remains within a narrow range of 2,300-2,325, gathering strength for a breakout.
From a technical perspective, the daily chart shows two consecutive bullish days with decreasing volume, Bollinger Bands opening upward, MACD forming a golden cross above zero, and KDJ turning upward from low levels, indicating continuous upward momentum!
The four-hour timeframe shows a bullish reversal with a rising close, while the hourly chart shows decreasing volume in a bearish trend, with the price center steadily moving higher. Resistance above is gradually shifting up to 77,000, clearly indicating a short-term bullish trend!
Evening trading directions:
- Main coin: Buy low within the 75,500-76,000 range, targeting 77,000-77,800!
- Pattern: Buy low within the 2,270-2,300 range, targeting 2,370-2,400!
Reversal breakouts should prompt reconsideration, but currently, the outlook remains firmly bullish!
Market volatility is intense; be sure to manage risk carefully. Buy on dips within the range, take profits promptly, and secure gains steadily!