May 2 (Fri): [Bollinger Bands] Nikkei 225 VS Bitcoin

【This Week's Market Focus】

This week, the focus is on the continuation of Bitcoin's rise. It has maintained a long-term trend channel, and especially on the weekly chart, it is in a rebound from a squeeze, making reaching +2σ increasingly realistic.

On the other hand, the Nikkei 225 has widened the bands on the daily chart, so +2σ does not become a resistance band and the upside remains, but the downward moving average on the weekly chart still serves as a resistance, so a cautious eye on a potential reversal to the downside is required.

Overall, all major indices are approaching +2σ, representing an important moment to prepare for the next move.

➥The continuation is explained in detail in the members-only report.

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● Try daily chart analysis using “The Bollinger Band Unveiled”

https://www.gogojungle.co.jp/finance/navi/series/1613?via=articles_detail_aside

● Use “The Harmonic Prescriptions” to draw the Zone — “Where the chart should stop”Zone!https://www.gogojungle.co.jp/finance/navi/series/1668?via=articles_detail_aside

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