In the past few days, prices have fluctuated significantly, with quite a large range. However, overall, after the continuous decline of the U contract, it seems to have gradually stabilized now.
Looking at the recent candlestick chart, the high and low points are actually very close to each other. Although there have been several consecutive bearish candles, the good news is that small bullish candles have started to appear, suggesting a potential recovery.
Talking about the technical aspect: MACD is still floating below the zero axis, and green columns continue to appear. Although both DIF and DEA are negative numbers, pay attention, the green columns have started to narrow - this often means that the bearish momentum is weakening, and signs of recovery are forming.
Trading idea You may consider opening a buy order near the position 90000, with an immediate target of 91500.
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#数字货币市场回升 On November 29, check the trend of BTC.
In the past few days, prices have fluctuated significantly, with quite a large range. However, overall, after the continuous decline of the U contract, it seems to have gradually stabilized now.
Looking at the recent candlestick chart, the high and low points are actually very close to each other. Although there have been several consecutive bearish candles, the good news is that small bullish candles have started to appear, suggesting a potential recovery.
Talking about the technical aspect: MACD is still floating below the zero axis, and green columns continue to appear. Although both DIF and DEA are negative numbers, pay attention, the green columns have started to narrow - this often means that the bearish momentum is weakening, and signs of recovery are forming.
Trading idea
You may consider opening a buy order near the position 90000, with an immediate target of 91500.
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