Moodeng technical pattern emerges, short-term breakthrough opportunities are worth paying attention to. From the perspective of technical analysis, Moodeng forms a flag-shaped consolidation pattern in the one-hour K-line chart.
This classic technical pattern is often a signal of trend continuation, but whether it will eventually build a "bull flag" to help the rise or become a downward relay pattern, it is still necessary to observe the subsequent price breakthrough direction.
For short-term traders, Moodeng's hourly level trend deserves special attention. If the price effectively breaks through the upper rail pressure level of the flag upward, it will confirm the continuation of the bull trend, and then you can consider following the trend; on the contrary, if it breaks down, you need to be alert to the risk of trend reversal.
Investors are advised to closely follow the changes in the market, combine the trading volume and other indicators for comprehensive judgment, and seize potential short-term trading opportunities.
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