Analysis of the Ethereum and Bitcoin market in the evening of August 21. Can we take long positions now as the short positions continue to increase?
The big cake market touched the 61,000 mark last night. The long forces withdrew funds to set the stage for the subsequent decline. The upper side continued to be under pressure. After the shock adjustment, it began to exert its strength and harvested most of the chips and spot funds. This wave of rapid callback also came suddenly. All users who did not set a good stop loss when making orders were trapped. It is reminded again that the position risk control must be well controlled when making orders. From the perspective of the 4-hour level indicators, the short-term market rebounded effectively in the short term at the 58,600 mark. The MACD long energy shrank and turned to the short side. The KDJ three-line high cross is definitely the stop loss position of most long positions below the previous low position. It is a high probability event to break through. From a daily line, the upward trend has begun to weaken and the top escape signal has appeared. In the short term, it is most in line with the interests to arrange short positions at high positions. For more opinions, strategies and technical knowledge, you can follow me! Continue to share later!
Tonight's operation suggestion for Bitcoin: 59600-60400 to arrange short orders in batches, looking at the 68000-67000 range,
Ethereum operation suggestion: 2620-2650 to short in batches, target 2500-2440, real-time guidance: ETH9908
The price is determined by the market, not the disk display and K-line. The disk can only tell us the technical form and support and suppression. Choose the right entry point, and leave the rest to the time market! In this seemingly free and financially free market, people who do not understand the technology and the market, open positions randomly and without purpose, and occasionally make a small profit when they are lucky, but most of the reality is continuous losses. A qualified trader needs to have the ability to set stop-profit and stop-loss, as well as the psychological acceptance of volatility and retracement, which is closely related to the trader's personality. The currency circle is a market that requires highly professional knowledge and comprehensive information analysis. Welcome to follow Lao Bai, #新币挖矿DOGS #美联储何时降息? #美国CPI数据连续第4个月回落 #美国7月PPI低于预期