[Market Research Report on August 12th - Weekly line closed positive, daily line bearish second test coming? ]
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I. $BTC
This wave of callback AB=CD combined with Fibonacci. The technical video is combined with the actual market. 625 is the callback expectation here. 5.85 is the target. How the position and target are obtained is explained. If you don’t understand, watch the video more and understand it in combination with the technical post. The position of the change is that the view of No. 9 is that I will not chase it unless it breaks through here.
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Current view:
1. The early market and video ideas of No. 9 and No. 10 are still valid. The two key positions of the retracement are still valid.
2. The weekly line is not lower than 5.8, which is the key support for closing positive. It is certain to close positive. For the view of shock, the daily line needs to seek new support as the starting point. The turning point of 5.46 cannot be broken. Above it is the next round of rise. If it falls below, the rebound will end.
3. The view of the cycle. The positions of the large level have never changed. If you can't remember, mark them on your app.
2. $ETH
The turning point 2366 below Ethereum has no independent market. Just combine the idea of big cake to do it, and there is no need to open two at the same time.
3. Shanzhai
If the Ethereum exchange rate continues to be weak, there will be no market for Ethereum to lead Shanzhai.
All you can do is to enter the market and lie flat in combination with the position of big cake.