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Monday Afternoon Jingyi Trading Strategy Analysis
If you decide to shine, the mountains have no barriers, and the sea has no limits.
After weekend adjustments, the coin price drops again, and the bearish pattern is fully displayed. The 4-hour Bollinger Bands are diverging downward, touching the lower band and then bouncing back with a large bullish candle. However, this rebound does not shake the overall bearish trend.
The 1-hour chart is also dominated by a downtrend, with Bollinger Bands narrowing downward. Short-term rebounds are unlikely to change the downward momentum.
Currently, the rebound is encountering resistance around 90,000, indicating clear signs of weakening bulls. In a trending market, avoid blindly guessing the bottom; it is advisable to short around the 90,000 rebound.
Long-term trading: consider entering around 91,000-93,000, look for short positions at 76,000.
Mountains have peaks, lakes have shores, and on the long journey of life, all things have their turns. When we feel the aftertaste is bitter, believe that everything will eventually turn sweet again.