【Oscillating market is easier to grasp, trending market is harder to catch】


Yesterday's market rhythm was well controlled, and this week we repeatedly accurately predicted the market direction before the US stock market opened and during the early morning hours, with the rhythm staying on point throughout.
Stay calm and patient, there's no need to be anxious. Although today is Friday, the market pattern this week is very clear: if you missed the morning trend, just wait patiently for the afternoon opportunity, and today follows the same rhythm.
May 15th is exactly the final turning point I have been emphasizing. From the white market trend, it is clear that after BTC closed with a large bullish candle yesterday, it continued with a high-level wave pattern K-line. Currently, it is still within the 4-hour upward channel, but overall it is in the middle of the channel. Until a clear key signal is confirmed, avoid blind trading; patience is needed to wait for the direction to be chosen.
The key support of the Bollinger Bands below is around 80,500; pay close attention to whether this level can effectively stabilize and support the market, and observe quietly.
Key critical zones
Upper resistance: 82,000—82,800
Lower support: 79,500—78,300
If rapid spikes occur during trading and touch key levels, you can decisively reverse and seize the opportunity.
Currently, the market insists on less trading and more observation, prioritizing stability. With many years of market experience, focusing on crypto and gold sectors, welcome friends with similar interests to communicate, learn, and jointly analyze the market.
BTC-0.23%
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