#美国非农就业数据表现强劲 The recent trend of this coin is quite interesting
Yesterday morning, it surged about 20 points then started to pull back, forming a W-shaped shakeout, currently oscillating around 872.
Looking at the 4-hour chart, the large bullish candle directly engulfed the previous bearish candle, the middle band of the Bollinger Bands has stabilized, and the upper and lower bands are still opening up. The MACD is in a golden cross state, and trading volume is clearly increasing — all signals that the main force is starting to exert effort.
The current overall rhythm is a bullish play: the lower band is moving upward, and once volume catches up, a breakout is likely. In the short term, the upward trend still has potential to continue.
If you want to participate, consider going long in the range of 862 to 854, with the target above around 875 to 890. $BNB key point is whether the volume can follow up; otherwise, it may be easily knocked back.
Recently, the US non-farm payroll data performed well, which is still helpful for the overall market sentiment.
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.
5 Likes
Reward
5
4
Repost
Share
Comment
0/400
MEVHunterWang
· 12-17 03:07
There is indeed some interest around 872, but I think we need to observe the volume aspect a bit more to avoid getting crushed.
View OriginalReply0
faded_wojak.eth
· 12-17 03:00
872 is indeed a good position, just worried that the trading volume might not be strong enough.
View OriginalReply0
BearMarketHustler
· 12-17 02:54
The Bollinger Bands opening volume is catching up, and it's stable. This bullish trend does have some potential.
View OriginalReply0
StopLossMaster
· 12-17 02:46
This wave of W-shaped shakeout is quite fierce. Is it trying to lure more buyers again?
#美国非农就业数据表现强劲 The recent trend of this coin is quite interesting
Yesterday morning, it surged about 20 points then started to pull back, forming a W-shaped shakeout, currently oscillating around 872.
Looking at the 4-hour chart, the large bullish candle directly engulfed the previous bearish candle, the middle band of the Bollinger Bands has stabilized, and the upper and lower bands are still opening up. The MACD is in a golden cross state, and trading volume is clearly increasing — all signals that the main force is starting to exert effort.
The current overall rhythm is a bullish play: the lower band is moving upward, and once volume catches up, a breakout is likely. In the short term, the upward trend still has potential to continue.
If you want to participate, consider going long in the range of 862 to 854, with the target above around 875 to 890. $BNB key point is whether the volume can follow up; otherwise, it may be easily knocked back.
Recently, the US non-farm payroll data performed well, which is still helpful for the overall market sentiment.