Yesterday, Lu Yao's Dandan also rose from 107400 all the way to 111700, a space of 4300 points, Currently triggering a daily oversold condition. Looking back at the last two oversold signals, the price has shown a sustained increase, with very obvious profit effects. I hope the market can dip once more, preferably touching the EMA100, or even piercing the EMA200 (the boundary line between bullish and bearish trends). If during this process, the price can form a micro head and shoulders bottom, it would not only be an oversold rebound, but also a precursor to a trend reversal. Such a trend may not necessarily appear, but once it does, the risk is extremely low, and the cost-performance ratio is exceptionally high; it can even be said that entering a position means making a profit. If the market does not show the trend I want, then I will continue to look for bullish logic with EMA50. Is the market confusing? Luyao is here to help! Follow for daily strategies and let us move forward together. BTC: Long in the range of 110000-110500, target 112000, if broken then look at 113000, each should maintain their own defense. #ETH##ETH#
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9.3 BTC Silk Road
Yesterday, Lu Yao's Dandan also rose from 107400 all the way to 111700, a space of 4300 points,
Currently triggering a daily oversold condition. Looking back at the last two oversold signals, the price has shown a sustained increase, with very obvious profit effects.
I hope the market can dip once more, preferably touching the EMA100, or even piercing the EMA200 (the boundary line between bullish and bearish trends). If during this process, the price can form a micro head and shoulders bottom, it would not only be an oversold rebound, but also a precursor to a trend reversal.
Such a trend may not necessarily appear, but once it does, the risk is extremely low, and the cost-performance ratio is exceptionally high; it can even be said that entering a position means making a profit. If the market does not show the trend I want, then I will continue to look for bullish logic with EMA50. Is the market confusing? Luyao is here to help! Follow for daily strategies and let us move forward together.
BTC: Long in the range of 110000-110500, target 112000, if broken then look at 113000, each should maintain their own defense. #ETH# #ETH#