1.4 Sunday Morning Erbing Silk Road



On the 1-hour chart, after the price surged to 3166, it has now begun a correction. The upper band of the Bollinger Bands is exerting pressure on the price, and the KDJ indicator is in the overbought zone with a dead cross formed. It is highly likely that a pullback will occur before attempting to push higher again.

Personal suggestion, for reference only (strictly set stop-loss)
Erbing can be positioned around 3160-3180, with a target of 3050-3080.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)