$PI Bullish: The daily chart is showing strong oscillation. My biggest concern is that one of the 8-hour lines finally broke above at 20:00, which is the one I circled below. Now, from the daily to the hourly level, the trend is basically upward, so it should go up. Keep holding onto your positions.

PI6,97%
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WallStreetTrendResearchvip
· 33m ago
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Small trends can only help identify buying points; at least, you should look at the daily chart. As I mentioned, after a decline approaches the bottom, there should be at least one bullish candle with a 5% or more increase for the market to turn around. The pi coin daily chart shows three consecutive bullish candles, and the Bitcoin daily chart also shows a single medium-sized bullish candle, indicating a trend reversal. Our major A-shares also broke the 10-year 3000-point curse on September 24 by consecutively rallying with three large bullish candles. Shall we go directly to learn and apply?
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RulingTheWorldvip
· 38m ago
Will it break through the previous high tonight?
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GateUser-04d801c0vip
· 41m ago
Awesome👍🏻
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WallStreetTrendResearchvip
· 1h ago
After the daily bearish candle, it should logically open lower and move downward, but it didn't continue to decline afterward. There's a saying: "If you're supposed to be weak, you should be strong; if you're supposed to be strong, you should be weak."
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WallStreetTrendResearchvip
· 1h ago
So now, looking at the daily chart, that large bearish candle is a technical correction. If they were to sell off, they wouldn't keep pushing the price higher to trap late buyers. That bearish candle is basically being gradually absorbed.
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GateUser-a42db310vip
· 1h ago
That's impressive!
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WallStreetTrendResearchvip
· 1h ago
In a strong trend, the moving average follows the price; in a weak trend, the price pulls back to test the moving average.
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WallStreetTrendResearchvip
· 1h ago
Currently, the 8-hour green line is at $0.22, and at 20:00 the price was at $0.2174, staying downward. Now, it has started to turn upward.
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