Looking back at Black Friday's sharp plunge, on the hourly chart a large bearish candlestick at around 92,300 resistance, dropping straight down to the lowest support near 89,400, encountering resistance and bouncing back. During this interval, nearly 3,000 points of fluctuation. The price of the front-month contract around 90,300 oscillates, with the hourly Bollinger Bands' lower band in operation.
Saturday morning analysis:
In the range of 90,600-91,200🈳, watch: 89,700-88,900
In the range of 3,110-3,140 for short positions, watch: 3,060-3,020
Actually, what is truly a dead end? It’s just that when your mind is disturbed, you take the obstacle in front of you as the end. $BTC $ETH
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Happy Saturday.
Looking back at Black Friday's sharp plunge, on the hourly chart a large bearish candlestick at around 92,300 resistance, dropping straight down to the lowest support near 89,400, encountering resistance and bouncing back. During this interval, nearly 3,000 points of fluctuation. The price of the front-month contract around 90,300 oscillates, with the hourly Bollinger Bands' lower band in operation.
Saturday morning analysis:
In the range of 90,600-91,200🈳, watch: 89,700-88,900
In the range of 3,110-3,140 for short positions, watch: 3,060-3,020
Actually, what is truly a dead end? It’s just that when your mind is disturbed, you take the obstacle in front of you as the end. $BTC $ETH