WallStreetTrendResearch

$PI Don't chase highs: I originally wanted to write this before 8 o'clock, but I actually made the judgment a few days ago. After thinking about it, I decided to wait for the daily close at 8 o'clock to write. A few days ago, I mentioned that this kind of daily chart pattern makes a big rise unlikely, and since the weekly moving averages are all together and the daily lacks enough momentum, the weekly space won't open up. Look at the 5-day moving average on the daily chart below; it has already started to turn downward. The 5-day moving average is the attack line.

$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.

$PI Don't chase highs: buying low and selling high is the way to go; chasing highs can ruin your life. The market didn't rise as I mentioned yesterday evening. From the daily chart perspective, it is still in a strong correction and hasn't dropped much. As for why it didn't move as I predicted yesterday, it's because the buying momentum is insufficient. Additionally, from the Bollinger Bands perspective, I believe it will develop into a 12-hour level pattern because once the Bollinger Bands open to a certain extent, they won't open further regardless of how positive the news is. Super bullish

$PI Take a look at the 8-hour chart below. Let me share my opinion. First, the 8-hour timeframe means one candlestick every 8 hours. The fast indicator KDJ has already started to turn, and the MACD is above the zero line without showing signs of a bearish crossover, indicating acceleration. The upper Bollinger Band is widening, and the lower band is also moving upward. The price is all above the moving average line. Therefore, I believe the price will rise by 16:00.

$PI Don't panic: holding your chips, this small increase and decrease are nothing. What we want is a doubling rally. The real bullish market will only come after breaking through $0.3. The lowest price of the last daily candle is $0.20, followed by a large bearish candle that completely engulfs the bullish candle. In such cases, the third candle usually drops significantly, but the closing price of the third candle is at $0.21. This indicates that there is strong support at $0.2, which I also mentioned yesterday. Why didn't it continue to fall? Because looking at the subsequent 4-hour chart,

$PI The adjustment has started. Don't panic if you're in spot trading; if the trend is strong, adjust to the 0.20 level. Normally, it should be around $0.18, with an extreme level at $0.16, but the probability of reaching that is very small. Based on the 3K theory, the daily chart looks unfavorable, with a rise from $0.155 to $0.239, a 54% increase, without a proper correction in between. When the Bollinger Bands' opening widens to a certain extent, the upward momentum stalls and then pulls back. However, with the current trading volume, it won't consolidate sideways for several days and is l

$PI Hold onto your chips: During a bull market, any technical indicator will become distorted. From a long-term perspective, the definitive upward trend has already begun, and the main rally phase has started. When the bull market first arrives, many people are skeptical. For example, our A-shares started their rally on September 24, with three consecutive large bullish candles confirming the start of the bull market. At that time, many people also doubted it. Now, the bull market has indeed begun. Brothers and sisters, hold onto your chips tightly—there's no telling when the bull will top ou

$PI Beyond expectations: the market is better than I anticipated. After waiting patiently for the main upward wave, holding your coins means any pullback is a buying opportunity. We don't need to look at the daily chart; according to my 3K theorem, two consecutive medium-sized bullish candles form a foundation, indicating an upward trend and a relatively strong one. Once the weekly chart breaks above $0.202, it will accelerate. From the Bollinger band shape on the weekly chart, the pattern looks good. Additionally, from the larger trend on the monthly chart, the fast KDJ indicator is about to

$PI Keep holding your coins: this level of increase isn't really an increase; at least a multiple of that would be considered a real rise. At this position, from $0.18 to $0.20, there won't be a significant surge anymore. It is likely to consolidate for a while here because, on the hourly chart, the lower Bollinger Band has already caught up with the upward momentum. The trend has already shifted away from a downtrend. As mentioned before, a daily candle with a large bullish body of at least 5% can change the trend, and that's indeed happening. The MACD has already started to move away from t

$PI Hold onto spot: after the daily chart adjusts, a big move will come, estimated to take about a week. Currently, the daily MACD remains near the zero line, but the Bollinger Bands are not in the right opening shape, and the daily chart is now contracting. So, what Bollinger Band shape indicates a move? It's the 6-hour Bollinger Band shape shown in my below Chart 6.

$PI Nothing surprising: the daily chart shows a bullish trend, and everything is still within expectations. Yesterday, there was a black swan event with a brief price dip. However, I was not panicked at all and continued to buy at the predetermined price of $0.163. Because the small trend follows the overall big trend, and the daily and weekly trends have not changed, which is why we first look at the big trend and then find buying points in the small trend. Trading is actually very simple: if it can't go down (support), it will go up; if it can't go up (resistance), it will go down. It's tha

$PI Support: On May 25th, the high of 0.1745 was resisted, which can be seen from the 1-hour chart. Then it surged again to 0.1725 but still did not break through, and then started to fall back. From the daily chart, the 0.1745 USD level was likely resisted at the 10-day moving average. Currently, it is still around the 10-day moving average. Yesterday, support helped break through 0.172 USD, and today we will see if it can stabilize above the 10-day moving average at 0.171 USD.

The daily timeframe still looks bullish. Yesterday, I warned that the price would return to $0.165 and suggested going long at that level. No more words, just look at the chart.

$PI Latest analysis: The overall trend is bullish. From the weekly chart, it can be seen that the daily chart still needs to refine its pattern structure to meet the requirements for an upward move. The price should reach $0.165. Yesterday, you also saw mainstream currencies seemingly surging rapidly, but who knows how many people got trapped again, because currently, from the daily chart onward, all mainstream currencies are in a downtrend. So, according to the idea that small trends follow the big trend, how to go up is how to come down. What is needed is resonance across different timeframe

$PI Market Latest Research Report: Now you know what to wait for. If you understand from the chart, it means all my writing wasn't in vain. Giving someone a fish is not as good as teaching them how to fish.

$PI Stand firm at $0.160. There should be significant funds buying at this level; yesterday's funds showed a net inflow. If it doesn't rebound at the bottom, around $0.161 or $0.162, it will likely consolidate for a period. From the 12-hour perspective, the fast indicator KDJ has already experienced a golden cross, and MACD is starting to turn at the zero line, so as long as volume increases, an upward move is highly probable. The daily chart's fast indicator KDJ is already showing signs of turning. Opportunities are reserved for those who are prepared!

$PI 0.160 USD is basically stopping its decline. Even if you buy at 0.162 USD, there's not much loss—just about 1 point. So, from a 12-hour perspective, it's also roughly in position. Around 0.160, it hits the lower Bollinger Band for support. Pay attention to the shape of the lower band; it doesn't look like a slide—it's already hooked and forming a straight line. The MACD has also approached the zero line, and the KDJ indicator's three lines are starting to turn. Overall, 0.160 USD is a stage bottom.

$PI 0.162 USD is a good opportunity; it might reach 0.160 USD, but that's not important anymore because it's impossible to buy at the lowest point. From the weekly chart, it has already stopped declining or the downward momentum has exhausted itself. Although the daily chart still shows some downward movement, it follows the larger trend. The weekly chart is bullish, while the daily chart is bearish. After a proper correction, the daily chart should show at least one medium to large bullish candlestick with a 5% or more increase, signaling a new upward trend. Currently, the daily chart shows t

$PI Those looking to add to their position can start at the $0.162 level. The time and space are almost aligned at this point, and the downward room is limited, so don't always think there's a lower price. Just like when the big A index rises to 4000 points, some still wait for 2689 points—do you think that's possible? Because the trend has changed, you need to adapt accordingly.