16/1000, 11/1/2023, How to Select Key Entry Opportunities
We can see in the trend of this candlestick that the price formed a new peak.
Compared with the MACD line below, the MACD green area and peak height of the second price peak are smaller than the first
Similarly, the price fluctuated around the pressure level of 17420, without forming an effective breakthrough
This is the perfect opportunity to add short positions
Switch to the long-term and observe the previous intraday opportunities. You can see that the basic shock structure has been completed in the new chip concentration area.
And the price has also reached the upper pressure line of the chip concentration area, and a new round of decline will start at any time
A new round of decline, just in time to form the F area drawn in the MACD that we judged 1 month ago
Patience and discipline are essential!
Compared with the MACD line below, the MACD green area and peak height of the second price peak are smaller than the first
Similarly, the price fluctuated around the pressure level of 17420, without forming an effective breakthrough
This is the perfect opportunity to add short positions
Switch to the long-term and observe the previous intraday opportunities. You can see that the basic shock structure has been completed in the new chip concentration area.
And the price has also reached the upper pressure line of the chip concentration area, and a new round of decline will start at any time
A new round of decline, just in time to form the F area drawn in the MACD that we judged 1 month ago
Patience and discipline are essential!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.