Hi, I'm Liyatt.
After reaching the primary target $5400, the bounce is formed and the resistance is continuously occurring at $5770~$5780
Since $5770 and $5900 are subject to resistance, please be sure to determine when to buy.
In the short term, the $5550~$5950 Box Area will be formed and the trend will be confirmed according to the direction of the breakthrough.
If the top of the $5950 is exceeded, additional increases can occur, If get out of the $5550 range and fall back to $5400 again,
All long positions must be terminated. Outside the $5400 range, you'll see a drop of up to $2800.
Down Trend won't change until it's over $6900. Because selling volume can occur at any time,
If long position is take, stop-limit must be set tightly.
Please refer to the previous analysis.
im korean Trader , Even if i are not good at English, please understand me :)
After reaching the primary target $5400, the bounce is formed and the resistance is continuously occurring at $5770~$5780
Since $5770 and $5900 are subject to resistance, please be sure to determine when to buy.
In the short term, the $5550~$5950 Box Area will be formed and the trend will be confirmed according to the direction of the breakthrough.
If the top of the $5950 is exceeded, additional increases can occur, If get out of the $5550 range and fall back to $5400 again,
All long positions must be terminated. Outside the $5400 range, you'll see a drop of up to $2800.
Down Trend won't change until it's over $6900. Because selling volume can occur at any time,
If long position is take, stop-limit must be set tightly.
Please refer to the previous analysis.
im korean Trader , Even if i are not good at English, please understand me :)
