digital cryptocurrency market snippets

—— The Shanghai Composite Index continued to rebound along the 5-day moving average, making it a MACD golden fork at the time-sharing level of 30 minutes. In addition, the current 5-day moving average and 10-day moving average are also in a long position, and they have been running above the 20-day moving average for six consecutive trading days. All this means that the upward trend is steadily forming.—— The Shanghai Composite Index continued to rebound along the 5-day moving average, making it a MACD golden fork at the time-sharing level of 30 minutes. In addition, the current 5-day moving average and 10-day moving average are also in a long position, and they have been running above the 20-day moving average for six consecutive trading days. All this means that the upward trend is steadily forming.In short, the FTSE A50 index fell by 0.89% overnight. Therefore, Zhuge Mi predicted that Friday's market would open slightly lower, and then oscillated downward, gaining support from the 5-day moving average and stopping the decline.

-In addition, after the recent continuous rise, the bottom of the index is constantly rising, and the market center of gravity is moving up rapidly, and it has returned to the vicinity of the high point formed on November 8. This position is actually the upper edge area of the big box formed by the high diving on October 8. It is not so important to break through this box in one breath. After all, the box has a lot of funds to support it, so there is no need to worry about the rapid fall in the short term.-In addition, after the recent continuous rise, the bottom of the index is constantly rising, and the market center of gravity is moving up rapidly, and it has returned to the vicinity of the high point formed on November 8. This position is actually the upper edge area of the big box formed by the high diving on October 8. It is not so important to break through this box in one breath. After all, the box has a lot of funds to support it, so there is no need to worry about the rapid fall in the short term.

—— The Shanghai Composite Index continued to rebound along the 5-day moving average, making it a MACD golden fork at the time-sharing level of 30 minutes. In addition, the current 5-day moving average and 10-day moving average are also in a long position, and they have been running above the 20-day moving average for six consecutive trading days. All this means that the upward trend is steadily forming.