Thursday, Week 1.8: Second Brother Analysis



On the daily chart, after the price tested the upper band and faced resistance, it pulled back. The upper band resistance is prominent, and the KDJ indicator's three lines are in the overbought zone with signs of turning downward. Short-term correction pressure is increasing. Although the MACD red histogram has not yet decreased in size, there are signs of divergence between the price and the indicator, indicating a potential top. Overall, the daily momentum is weakening, but the initial strength continues to accumulate.

Second Brother's levels: 3185, short at around 3240, with targets at 3100 and 3030.
ETH0,05%
GT-0,38%
BTC0,02%
View Original
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)