The analysis of the monthly chart shows that a long black candlestick appeared in August, followed by a higher opening in September, which is a suspicion in technical analysis. After the transition of the star line in September, a black candle with a lower shadow appeared in October, and the length of the lower shadow significantly exceeded the solid part, which once again raised doubts in technical analysis.
Immediately after the negative candle in October, the opening of November was also high, which is the second suspicion in technical analysis. It is worth noting that the excessive negative star in November was accompanied by an amplification of the transaction amount, which seems to indicate that the market is changing, driven by certain forces.
In December, ** formed a mid-yin candlestick with a long lower shadow, which was the second time in a row that the combination of the star line and the long lower shadow was over, which triggered the third doubt in technical analysis. This repetitive pattern may indicate that the market is brewing some kind of trend change, but the specific direction and strength still need to be further observed and confirmed.
On the weekly chart, the technical signal of Monday's flat opening suggests that the market is undergoing a balanced adjustment. On the daily chart, the combination of technical signals from Monday's flat opening and the large deviation of the RSI and the downward trend pressure on the 30-day ** further emphasized the instability of the market. Combining this information, investors should remain vigilant and keep a close eye on market dynamics in order to react in a timely manner. List of high-quality authors