VIRTUAL Market Analysis
From the candlestick chart: The downward trend has completed, and a bullish breakout pattern has formed near the previous bottom support level. It is just waiting for the market to stabilize; the trend of downward retracement has gradually begun to change, and the market has turned back into a bullish trend;
Looking at the long MACD: Both the fast and slow lines are above the 0 axis, and the market is at the end of a downward trend. The green bars below the 0 axis showing a reversal signal also indicate that the market is about to change direction, and the outlook is bullish;
From RSI analysis: The relative strength fast line has begun to rise, and the fast and slow lines are about to cross, indicating an active signal.
Overall, the market is starting to turn, warming up, and the long cycle continues to rise, with strong support below;
Opening price: 0.850-0.886, stop-loss level: 0.790, take-profit level at 0.115. Those who haven't entered yet should hurry up and get in.
