The 7/17 weekly line is a starting point for discussion, and the medium and long-term signals are revealed. Can we continue to be bullish?
Flatbread
Daily Line
The high level has been fluctuating for 26 days, and has been in the range of 29500-31800. The longer the horizontal line is, the higher the vertical line is. If it does not break 29500, it will continue to be bullish. If it falls below, it will see support in the range of 28000-28600. Although the technical indicators are bearish, KDJ is bearish, MACD returns to the zero axis and leaks oil in the air, and the OBV indicator turns around. BOLL opens flat, and the price line is below the middle track. If it cannot stand back to 30600, there is a risk of continuing to break down. First look at the support of 29500.
The market moves back and forth within the 4-hour box, and the rebound after this wave of decline is relatively weak.
ether
Weekly
The rising trend line above MA200 and MA250 has not been broken, and the entire weekly line has formed an ascending triangle pattern, which is still below the weekly pressure of 2141 and the previous strong selling combination of 2030. It needs to break through 2141 to open up the room for compensatory growth. The daily line fell back into the box, and the daily line should pay attention to the upward trend.
