how does cryptocurrency have value, Featured

From the above picture, you can see three pressure lines: red, blue and black. These three pressure lines basically form a relatively dense resultant pressure zone at the current position. Therefore, it is actually more difficult for the index to attack upwards tomorrow.But as a veteran of the technical school, I have to go back to the technical side to solve the problem. News will have an impact, but in the trading hours of a year, the time period with frequent news should be considered as a small part of the whole. Therefore, we must not give up eating because of choking, and technology is still the most important means of market analysis.

From the above picture, you can see three pressure lines: red, blue and black. These three pressure lines basically form a relatively dense resultant pressure zone at the current position. Therefore, it is actually more difficult for the index to attack upwards tomorrow.

Back to the topic, why do you judge this? Three specific reasons:First, in terms of time relationship, tomorrow will be the 13th trading day from the low point to the high point (assuming the high point occurs in the intraday trading tomorrow). 13 is a typical Fibonacci dial number. On the 13th day, it is easy to produce the inflection point. Moreover, we can find that the last downtrend band took 14 trading days to reach the low point. According to the symmetry theory, the current uptrend band will probably take 13~14 trading days to reach the top of the stage.