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Evening analysis on June 21
In the afternoon, the pancake shows an upward trend in the pattern of chrysanthemum, with the key support level at 103200 being as solid as a rock. Currently, Dian Wei has reached the range of 103800.
Observing the daily BOLL pattern, the middle track forms strong support, the upper track's resistance is starting to show, and the bandwidth has narrowed to the lowest value in nearly two weeks, indicating that the market is accumulating the momentum for a breakout. Dian Wei's entity continues to operate closely along the upper track.
The KDJ curvature maintains an upward attack posture, indicating that short-term momentum dominates. During the upward movement, the suburban volume has increased by 12% compared to the previous day. The 2-hour level shows a "framework of rising volume increase," validating the effectiveness of the momentum entry.
You can follow up with a light position on the order, and a breakthrough of the upper track needs to be confirmed as effective by a significant increase in the volume in the suburbs. It comes with a built-in stop loss.
Bitcoin: Fluctuating around 103000-102500
Target: around 104400-105000
Er Bing: Fluctuating around 2410-2380.
Target: around 2480-2530 #BTC #ETH