10.28 morning


Observing the current market, the four-hour level shows a four consecutive bearish candle pullback. However, this pullback can be defined as a technical correction within a bullish trend, rather than a trend reversal signal.

Although it is gradually approaching the middle track of the Bollinger Bands, it is still operating within the upward channel and has not broken through the key support level; furthermore, the three tracks of the Bollinger Bands maintain an upward slope, further confirming the integrity of the bullish structure. Therefore, the overall market tone remains biased towards bullish.

The pancake returned to 113000, fluctuating around 113800, looking up at 115000 and around 116000.
The second pancake returns to 4040, hovering around 4090, looking up at 4200, near 4250.
ETH-2.17%
BTC-1.02%
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
  • 1
  • Repost
  • Share
Comment
0/400
Fartcoinvip
· 10-28 00:55
It has dropped to 113.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)