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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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#SOL期货交易量创新高# 2 #以太坊ETF连续12周净流入# 8.5 Market Overview: BB retraced to the trend line to go long
BB is forming an ascending converging triangle, and the bullish trend is very clear. If it encounters resistance at 0.10191 in the converging triangle, it will pull back, or it may break through the small converging triangle and continue towards the upper wide triangle at 0.1076. Overall, the market still shows a bullish trend.
You can go long at the market price directly on the left side, with a stop loss at 0.09614 and targets at 0.10191 and 0.10796; or wait on the right side for a break and retest above the trend line to go long, which is more prudent;
Stability can be sought by waiting for a breakout above 0.1091 to go long; alternatively, you can wait for a pullback to the support level of 0.09614 to position for a low long. Both of these are following the trend of a bullish market. Regardless of how you place your trades, just ensure to have good defenses in place.
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