CFX rally alert
Analysis of five key factors will give you insight into how the bull market continues to be hot!
One look at the trading volume, wow! The price of $0.46 is really lively, everyone is rushing to trade, it’s really hot!
Second, the resistance turns into support. The $0.4816 level has now become everyone's "gas station". Once it is crossed, your confidence will double and you will continue to move forward!
Take a quick look at the Relative Strength Index (RSI) and wow! It actually exceeded 60, and it was rising like a rainbow! However, let’s not get too complacent, be careful of the rally going too far, and remember to stay calm.
Keep an eye on the price trend. $0.5350 is like a small hill, which is a bit difficult to climb; while $0.4816 is a relatively stable place. Once it pulls back here, it should be able to stabilize its position.
5. Looking at the overall market atmosphere, everyone is in a good mood now. If there is a correction, we may be able to seize the opportunity to get on the train and continue to follow the pace of the bull market.
Hit the blackboard! Here comes the opportunity to make money! If you want to make money, you have to look for opportunities above $0.4816, but don’t be greedy. Take it easy when the price rises too sharply.
Tips for trading: Wait until the price returns to a stable price before making a decisive move. Don’t forget to control risks. Only by playing steadily can you win more.
?Risk reminder: Once the price falls below the stable price of $0.4816, you need to be more vigilant. The market may be changing, and timely adjustment of strategies is the key!
If you are a friend who has been chasing the rise and the fall, is often trapped, has no latest news in the currency circle, and has no direction, you can take a look at the top content of Brother Jiu's homepage. I hope it will be helpful to you.
