๐ง As we approach the end of the month, the monthly candlestick may close with a negative candlestick, which is a less optimistic sign on the bullish side. It shows that it is difficult for us to reach new highs in a short period of time.
โก๏ธSo we will maintain two possibilities in the future: First, we choose to continue to consolidate sideways, gradually compress the price to form a bull flag, and then choose to break through at the end of the flag. Note that if our bullish defense level is broken, the likelihood of continuing sideways becomes less likely.
โก๏ธSecond, if we choose to fall directly below the bull defense point and continue downward, then we will focus on buying opportunities in the daily and weekly level buy zones.(50k-55k)
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