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7.17 Jack Morning “Bing” Trend Analysis
“Yi Tai” surged to 1870.44, but the upward move soon lost momentum. A sustained pullback then began, with a continuous downward trend. After the earlier low of 1845.85 was probed, the price is now trading around 1848.95. The moving averages are gradually positioned lower, and the overall trend has already weakened. The resistance in the 1867.13‑1860 range is very strong; each time there is a small rebound, selling pressure will be met. The current slight stabilization is only a brief consolidation—if afterward it’s unable to reclaim above 1860, the downward scenario is very likely to continue.
Morning strategy: do “Duo”
Entry range: 1820-1830
Stop-loss defense: 1800
Take-profit targets:
1️⃣ First take-profit: 1870
2️⃣ Second take-profit: 1890#比特币