This “underwater golden cross” is kind of interesting! The logic behind the $CYS surge and our outlook for the next phase
Why did it rise?
Oversold divergence (MACD underwater golden cross) + RSI extreme convergence across short- and long-cycle periods triggered a liquidation of shorts in a stampede. After the amplitude confirmed a 3.23% turnover between bulls and bears, the bulls won.
What to watch next?
The key is whether 0.5500 can hold above the level on increased volume:
• ✅ Holds steady → target 0.66 (the densely packed prior-trading zone)
• ❌ Low-volume stalled gains or a break below 0.4831 → pullback to 0.4500, even 0.4000
#SC原油下跌6.01% #SK海力士因回购预期上涨 $UB
Why did it rise?
Oversold divergence (MACD underwater golden cross) + RSI extreme convergence across short- and long-cycle periods triggered a liquidation of shorts in a stampede. After the amplitude confirmed a 3.23% turnover between bulls and bears, the bulls won.
What to watch next?
The key is whether 0.5500 can hold above the level on increased volume:
• ✅ Holds steady → target 0.66 (the densely packed prior-trading zone)
• ❌ Low-volume stalled gains or a break below 0.4831 → pullback to 0.4500, even 0.4000
#SC原油下跌6.01% #SK海力士因回购预期上涨 $UB