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7.23 early morning trading plan
In the evening, the price surged to the upside and touched the Bollinger upper band at the 66396 pressure level, then upward momentum quickly weakened. The KDJ indicator moved into the overbought zone at high levels. MACD bullish volume simultaneously started to contract step by step, and near-term bullish follow-through momentum is insufficient.
With the market stalling and facing pressure at high levels, profit-taking chips in the market are gradually being cashed out and leaving. During this round of the evening rebound phase, it is more suitable to seize opportunities to set up positions on pullbacks. The chart afterward will most likely start a decline and consolidation/adjustment trend.
Big brother: resistance at 66500 and 67000, then looking down to 65000 and 64000.
Second brother: resistance at 1960 and 2000, then looking down to 1880 and 1820.
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