At the end of Friday, the market was stretched again, and the price rebounded after testing the 59000 area bottom yesterday. The pace of the day session slowly rose, gradually gaining momentum in the evening, and after reaching the 63400 area, it was under pressure to retrace, currently returning to the 62800 level. The overall trend of the market yesterday gave a rise of nearly 4400 iodine. The short-term trend is strong again, pay attention to the continuation of long positions in the operation.
Currently, the price has rebounded on the daily candlestick structure, and the candlestick once again formed a large bullish candle. The price is under pressure at around 63600 after the rebound, and the support level at the bottom of 62000 has transformed into a support level. Therefore, we should continue to be bullish in the future market after the retracement. In the 4-hour trend, after the bottoming out, the price has been rising strongly with a continuous bullish momentum, forming a more obvious V-shaped reversal. It is currently under pressure in the upper range, followed by some pullback, but the strength is not significant. In the short term, the bullish sentiment is strong, and we should consider taking a long position with a low mindset in our operation.
Saturday suggests BTC62500-62300 go long, Target follows the 63500-64000 line. Saturday's suggestion is to go long on ETH2420-2400, Target follow2500-2550 line
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GateUser-d62baff5
· 2024-10-12 01:50
Maybe she would never have to sell stone fruit again! Joanna lifted the heavy bag of coins. She began to move the bag backwards and forwards, faster and faster … and then she threw it.
#十月上涨行情能如期而至吗? #币圈观察员
At the end of Friday, the market was stretched again, and the price rebounded after testing the 59000 area bottom yesterday. The pace of the day session slowly rose, gradually gaining momentum in the evening, and after reaching the 63400 area, it was under pressure to retrace, currently returning to the 62800 level. The overall trend of the market yesterday gave a rise of nearly 4400 iodine. The short-term trend is strong again, pay attention to the continuation of long positions in the operation.
Currently, the price has rebounded on the daily candlestick structure, and the candlestick once again formed a large bullish candle. The price is under pressure at around 63600 after the rebound, and the support level at the bottom of 62000 has transformed into a support level. Therefore, we should continue to be bullish in the future market after the retracement. In the 4-hour trend, after the bottoming out, the price has been rising strongly with a continuous bullish momentum, forming a more obvious V-shaped reversal. It is currently under pressure in the upper range, followed by some pullback, but the strength is not significant. In the short term, the bullish sentiment is strong, and we should consider taking a long position with a low mindset in our operation.
Saturday suggests BTC62500-62300 go long,
Target follows the 63500-64000 line.
Saturday's suggestion is to go long on ETH2420-2400,
Target follow2500-2550 line