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1. 4-hour moving average and K-line pull-up: This indicates that the price is in an upward trend in a shorter time period. The moving average can be used as a trend tracking tool. When the moving average is upward and the price is running above the moving average, it is usually regarded as a bullish signal. However, the 4-hour period is relatively short and may be affected by short-term market fluctuations. The sustainability of its trend needs further observation.
2. Daily line pull-up: The daily level pull-up is more stable and reliable than the 4-hour period. If the daily line shows a clear upward trend, it means that the price has continued to rise for a long time, which may be a stronger bullish signal. But similarly, the daily trend may also be affected by sudden market factors and change.
3. The formation of the weekly moving average golden cross: The weekly line is a chart with a longer time period, and the moving average golden cross is usually regarded as an important bullish signal. The golden cross means that the short-term moving average crosses the long-term moving average upward, which may indicate that the market will enter a long-term upward trend. However, the golden cross is not an absolute guarantee of rising prices, and there is still uncertainty in the market.
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