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ETH formed a reversal pattern within a trading day, creating a door-like shape on the chart‼ BTC breaks through and then falls below the 60,000 , and is about to fall again⁉
Don't panic. This is actually a bullish trend‼
On last weekend, Ethereum and Bitcoin both ushered in a relatively strong bounce, but the trading volume is too small to break through the key resisitance level, so Bitcoin fell below 60,000 in the morning on Monday, and Ethereum also fell , forming a door-like shape on the chart. This is actually a very standard market manipulation to whipsaw the bulls before a major upward trend. ETH fell to 2605 and bounced to 2640. If its movement is unfavorable for trading, it may retest the support band between 2480 and 2540 for the second time. If its market trend is favorable, it will continue to rise to 2700 after the door-like shape pattern. The current maximum floating profit of my buy orders is nearly 40,000u, but I still did not choose to close the position but continue to hold them.
Other bloggers charge for orders and future entry points that are not as profitable and accurate. Follow me and give me a like, and you will get market analysis and prediction for free. Excellent teams can make huge profits and win the trust and hearts of followers. OUR TEAM HAS MADE HUGE PROFIT MORE THAN $30 MILLION. Our team will publish market analysis and predictions with accurate entry points and directions to fans for free every day. What I want to do is record my journey to becoming the best trader in the cryptocurrency circle. I hope you can join us.#CPI_DATA #tonecoin #Ppi
Don't panic. This is actually a bullish trend‼
On last weekend, Ethereum and Bitcoin both ushered in a relatively strong bounce, but the trading volume is too small to break through the key resisitance level, so Bitcoin fell below 60,000 in the morning on Monday, and Ethereum also fell , forming a door-like shape on the chart. This is actually a very standard market manipulation to whipsaw the bulls before a major upward trend. ETH fell to 2605 and bounced to 2640. If its movement is unfavorable for trading, it may retest the support band between 2480 and 2540 for the second time. If its market trend is favorable, it will continue to rise to 2700 after the door-like shape pattern. The current maximum floating profit of my buy orders is nearly 40,000u, but I still did not choose to close the position but continue to hold them.
Other bloggers charge for orders and future entry points that are not as profitable and accurate. Follow me and give me a like, and you will get market analysis and prediction for free. Excellent teams can make huge profits and win the trust and hearts of followers. OUR TEAM HAS MADE HUGE PROFIT MORE THAN $30 MILLION. Our team will publish market analysis and predictions with accurate entry points and directions to fans for free every day. What I want to do is record my journey to becoming the best trader in the cryptocurrency circle. I hope you can join us.#CPI_DATA #tonecoin #Ppi
Bull market return warning.
Bitcoin hit 60,000 for many times. It seems that the market is weak, but it is a strong signal of upward trend.
With the arrival of the interest rate cut, a bull market rally may form from the end of August to the end of September‼
This is not the first time I have told you about the market. According to the current market trend, I regard this plunge of Bitcoin from 70,000 to 48,000 as signal of a whipsaw for the bulls before the start of a huge bull market. It is a preparation for the subsequent bull market ‼
Bitcoin quickly bounced to 60,000 after falling below 54,000 for the two rounds of plunges . It can be considered that the market has clearly rejected the price below 54,000🩸
This round of Bitcoin plunged from 70,000 to 48,000. Therefore, almost all the bulls and altcoins in the market were liquidated, and the value of altcoins were decreased by more than half. Almost all the long positions of Bitcoin were liquidated, and the purpose of market manipulators to whipsaw the longs and bear trap were achieved. Therefore, the current trend is very suitable for a one-way market trend , with a strong upward trend.
In this round of Ethereum, we also saw that after the decline stopped, Ethereum stagnated. Bitcoin hit 60,000 , but Ethereum was very weak, moving back and forth below 2600. We clearly pointed out that this is a trend of whipsaw for the longs. I think it is a good opportunity to go long‼ #CPI_DATA #tonecoin #Ppi
Bitcoin hit 60,000 for many times. It seems that the market is weak, but it is a strong signal of upward trend.
With the arrival of the interest rate cut, a bull market rally may form from the end of August to the end of September‼
This is not the first time I have told you about the market. According to the current market trend, I regard this plunge of Bitcoin from 70,000 to 48,000 as signal of a whipsaw for the bulls before the start of a huge bull market. It is a preparation for the subsequent bull market ‼
Bitcoin quickly bounced to 60,000 after falling below 54,000 for the two rounds of plunges . It can be considered that the market has clearly rejected the price below 54,000🩸
This round of Bitcoin plunged from 70,000 to 48,000. Therefore, almost all the bulls and altcoins in the market were liquidated, and the value of altcoins were decreased by more than half. Almost all the long positions of Bitcoin were liquidated, and the purpose of market manipulators to whipsaw the longs and bear trap were achieved. Therefore, the current trend is very suitable for a one-way market trend , with a strong upward trend.
In this round of Ethereum, we also saw that after the decline stopped, Ethereum stagnated. Bitcoin hit 60,000 , but Ethereum was very weak, moving back and forth below 2600. We clearly pointed out that this is a trend of whipsaw for the longs. I think it is a good opportunity to go long‼ #CPI_DATA #tonecoin #Ppi
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Analysis of the morning market on August 18
Can Bitcoin successfully hit the 60,000 mark⁉️Can Ethereum hit the rebound and break through 3,000⁉️
The first support area of Ethereum below⬇️The video below has already mentioned
The area of 2556-2486
⚠️There is no big pressure point from 2650 to 2750 above, which means that if it can go up today, the final result is likely to go directly above 2730. If it is good, it will be no problem to stand at 2800⚠📈️
The second situation is to fall directly from the current price of 2630, because there is actually no pressure point above 2630. The market has been washing more this weekend without a breakthrough, so if you make a plan for a decline, it can also be regarded as a weak market. If you continue to wash more, you can observe that the current position is the high point. If today If it breaks through, it will continue to rise as mentioned above. If it fails to break through, it will fall back from 2630 again and wash out another wave of longs📉
Also, I have already said in the video recording below that the long orders at 2556 were entered directly in the video live broadcast. Now I still hold the long orders at 2556, which means that I have broken out of the market situation upwards with no risk of floating profit📈So don’t continue to say that I have said that the market is rising or falling in my comment area with low IQ. I didn’t teach you how to operate. Sending food to your mouth is my greatest sincerity. If you don’t eat, I can’t help it. Just stay away from me and be well. I only do what top traders should do and be loyal to the market. Even if I hold long orders at 2556 and look forward to it, I will still be steady and prepare for long washes and declines. I only welcome traders who understand the same frequency and do not welcome brainless leeks💰💰💰
#美国CPI数据连续第4个月回落
Can Bitcoin successfully hit the 60,000 mark⁉️Can Ethereum hit the rebound and break through 3,000⁉️
The first support area of Ethereum below⬇️The video below has already mentioned
The area of 2556-2486
⚠️There is no big pressure point from 2650 to 2750 above, which means that if it can go up today, the final result is likely to go directly above 2730. If it is good, it will be no problem to stand at 2800⚠📈️
The second situation is to fall directly from the current price of 2630, because there is actually no pressure point above 2630. The market has been washing more this weekend without a breakthrough, so if you make a plan for a decline, it can also be regarded as a weak market. If you continue to wash more, you can observe that the current position is the high point. If today If it breaks through, it will continue to rise as mentioned above. If it fails to break through, it will fall back from 2630 again and wash out another wave of longs📉
Also, I have already said in the video recording below that the long orders at 2556 were entered directly in the video live broadcast. Now I still hold the long orders at 2556, which means that I have broken out of the market situation upwards with no risk of floating profit📈So don’t continue to say that I have said that the market is rising or falling in my comment area with low IQ. I didn’t teach you how to operate. Sending food to your mouth is my greatest sincerity. If you don’t eat, I can’t help it. Just stay away from me and be well. I only do what top traders should do and be loyal to the market. Even if I hold long orders at 2556 and look forward to it, I will still be steady and prepare for long washes and declines. I only welcome traders who understand the same frequency and do not welcome brainless leeks💰💰💰
#美国CPI数据连续第4个月回落