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5.2 Evening Analysis of Big Cake and Two Cakes
From the 4-hour chart, the Bollinger Bands show the price holding steady above the middle band. After the bands have narrowed, they are about to open upward, and strong support is seen below. The short-term moving averages form a bullish golden cross, pointing upward. The price is trading above the moving averages, making the bullish trend clear. The KDJ indicator forms a golden cross at a low level, with sufficient bullish momentum and no overbought pressure. Bullish signals are in sync—pull back and you can go long.
Trading Suggestions
Big Cake: Do the “哆” trade near 76,500-77,500, with targets at 78,500-79,500
Two Cakes: Do the “哆” trade near 2,250-2,280, with targets at 2,310-2,340
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