MSTRB weakened, and the bulls put up little resistance.
Price: 109.63, change: -4.76%, trading volume: 13 million USDT, volatility: 10.5%. It traded between 108.34 and 119.69 all day. It closed almost at the low, which often leads to a lower open the next day.
The 7-day moving average is 120.69, 9.2% above the price; the 25-day moving average is 133.97, 18.2% above it. The 7-day cumulative change is -14.9%. The first rebound after seven consecutive down days usually isn't worth betting big on. In the short term, it needs to break above 119.69 to confirm a genuine strengthening.
Trying to catch a rebound in a weak market doesn't offer great odds.
Get through conditions like these, and all that remains are opportunities.
(Just keeping a record; this is not investment advice.)
#MSTRB #交易笔记 #Candlestick review
Price: 109.63, change: -4.76%, trading volume: 13 million USDT, volatility: 10.5%. It traded between 108.34 and 119.69 all day. It closed almost at the low, which often leads to a lower open the next day.
The 7-day moving average is 120.69, 9.2% above the price; the 25-day moving average is 133.97, 18.2% above it. The 7-day cumulative change is -14.9%. The first rebound after seven consecutive down days usually isn't worth betting big on. In the short term, it needs to break above 119.69 to confirm a genuine strengthening.
Trying to catch a rebound in a weak market doesn't offer great odds.
Get through conditions like these, and all that remains are opportunities.
(Just keeping a record; this is not investment advice.)
#MSTRB #交易笔记 #Candlestick review