A fan asked this morning, is it possible that the sub-wave failed? We share first-hand information and technical practical explanations from private circles to help you avoid pitfalls and gain advantage!
Yesterday, the elite circle pointed out the support above 69200, and the lowest reached 69320, basically in line with expectations! Today's major support is around 68200-68300, and the strong dividing line is 66000.
To analyze the current market, we must first confirm that the upward trend has arrived, as shown in:
k line is above bbi
CCI has entered the normal range and has not yet appeared in the 200 range. The rise has just begun!
dmi indicator, pdi has crossed mdi,
The ao indicator has a continuous green column
psy, stochrsi, roc have golden crosses
But at the same time, this is not the main ascension period, which is reflected in:
cci has not reached over 100 yet
The pdi and mdi values are still around 20. When they rise above 40-50, it means that they are accelerating to reach the top. adx has not yet crossed adxr.
Trix has not re-golden forked yet
obv indicator is glued, obv is not obviously above and far away from maobv
The ao indicator green column is not high enough
mtm is not obviously above and far away from mamtm
The macd indicator dif does not cross dea, and the red column does not turn green, which means there is no golden cross!
The bias indicators are not clearly glued together.
Entering the main upgrade period will be at least after March 31, 2024, so let the bullets fly for a while!
