digital currency project- Top Block

Statement of the work: Personal opinion, for reference only.First, in terms of time relationship, tomorrow will be the 13th trading day from the low point to the high point (assuming the high point occurs in the intraday trading tomorrow). 13 is a typical Fibonacci dial number. On the 13th day, it is easy to produce the inflection point. Moreover, we can find that the last downtrend band took 14 trading days to reach the low point. According to the symmetry theory, the current uptrend band will probably take 13~14 trading days to reach the top of the stage.

Second, the market will encounter an obvious pressure point tomorrow. Please look at the chart below, the daily chart of the Shanghai Composite Index. In the picture, I use three color lines to mark the short-term pressure lines respectively.

Praise is the greatest support for my pure technical school.First, in terms of time relationship, tomorrow will be the 13th trading day from the low point to the high point (assuming the high point occurs in the intraday trading tomorrow). 13 is a typical Fibonacci dial number. On the 13th day, it is easy to produce the inflection point. Moreover, we can find that the last downtrend band took 14 trading days to reach the low point. According to the symmetry theory, the current uptrend band will probably take 13~14 trading days to reach the top of the stage.