On the 1-hour chart, the price surged to 2863 before starting to decline, but everyone doesn't need to panic excessively. This decline seems more like a correction of technical indicators, and the price has been staying within the middle band of the Bollinger Bands. Although it has now dipped below the lower band, it quickly rebounded. The overall strategy today remains to be cautious and conservative.
Personal suggestion, for reference only (strictly set stop-loss) Erbing can fluctuate around 2900-2880, with a target of 3000-3050
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Thursday, 12.25, Erbing Silk Road
On the 1-hour chart, the price surged to 2863 before starting to decline, but everyone doesn't need to panic excessively. This decline seems more like a correction of technical indicators, and the price has been staying within the middle band of the Bollinger Bands. Although it has now dipped below the lower band, it quickly rebounded. The overall strategy today remains to be cautious and conservative.
Personal suggestion, for reference only (strictly set stop-loss)
Erbing can fluctuate around 2900-2880, with a target of 3000-3050