After dinner, I washed dishes, and POL put in a single bullish candle that stabbed my eyes and hurt.
The daily chart is still above MA20, the MACD is bullish, and DIF=0.0067.
But the RSI is 71—overbought.
The hourly chart is starting to look shaky: the price has already fallen below MA5=0.113248.
Volume is 0.31 billion USDT, and the average volume is only a few tenths of a percent.
It surged on a 23% contraction in volume—this isn’t real capital rushing in; it’s a sentiment-driven market.
The person pulling the price used a bit of chips to push the top from 0.0874 to 0.1215. Now it has pulled back to 0.1119, and the follower bids seem to be about filled.
Can it keep going tomorrow morning? With no volume, I’m skeptical.
Chasing it tonight is likely to leave me standing guard.
MA20=0.1023 is the key level. As long as price holds above it, the structure remains bullish.
I plan to wait for a pullback near 0.1023 to enter, with a stop-loss at 0.0980. If it breaks down, it means the daily structure gets bad.
First look at 0.11937, then 0.12147. The two resistance levels are close together, so there won’t be few trapped-position sellers overhead.
If tonight it directly puts up significant volume and holds above 0.12147, I’ll follow with a small position and set a stop-loss at 0.1130.
Below, 0.07933 is the tougher support—but there’s no need to carry the contract all the way down there.
How things play out next depends on whether volume can pick up.
Reminder to myself: tomorrow morning, don’t go catch the falling momentum of this bullish candle.
#BTC #ETH #POL #涨幅榜 #altcoin
The daily chart is still above MA20, the MACD is bullish, and DIF=0.0067.
But the RSI is 71—overbought.
The hourly chart is starting to look shaky: the price has already fallen below MA5=0.113248.
Volume is 0.31 billion USDT, and the average volume is only a few tenths of a percent.
It surged on a 23% contraction in volume—this isn’t real capital rushing in; it’s a sentiment-driven market.
The person pulling the price used a bit of chips to push the top from 0.0874 to 0.1215. Now it has pulled back to 0.1119, and the follower bids seem to be about filled.
Can it keep going tomorrow morning? With no volume, I’m skeptical.
Chasing it tonight is likely to leave me standing guard.
MA20=0.1023 is the key level. As long as price holds above it, the structure remains bullish.
I plan to wait for a pullback near 0.1023 to enter, with a stop-loss at 0.0980. If it breaks down, it means the daily structure gets bad.
First look at 0.11937, then 0.12147. The two resistance levels are close together, so there won’t be few trapped-position sellers overhead.
If tonight it directly puts up significant volume and holds above 0.12147, I’ll follow with a small position and set a stop-loss at 0.1130.
Below, 0.07933 is the tougher support—but there’s no need to carry the contract all the way down there.
How things play out next depends on whether volume can pick up.
Reminder to myself: tomorrow morning, don’t go catch the falling momentum of this bullish candle.
#BTC #ETH #POL #涨幅榜 #altcoin