Morning strategy once again accurately stops profit taking - August opens a new chapter - Periodic layout ideas

CN
汤米
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1 year ago
## Ten years of sharpening a sword, there are reasons for both rise and fall; Bulls and bears do not linger in battle, securing the gains is the true safety.

Hello everyone, I am Tommy, a crypto economist, a trader rooted in the coin circle, and I have been studying Ethereum (ETH) for 6 years. First, let me talk about the three things I don't do in trading: don't trade when tired, sleepy, or exhausted; don't trade when in a bad mood; don't trade when unable to understand the market trends. (In a bad state, one cannot perform at a normal level, leading to significant errors in market judgment)

Follow K-line Life Tommy WeChat Official Account: Opportunities are created in different time periods every day, there is no need to rush, the original intention has never changed. While creating profits, focus on professional risk control, making investments valuable, walking the long road, not letting down the encounters and trust in the past. Real-time guidance is available every day, I am online 24 hours, feel free to leave a message if you have any questions. All strategy ideas are open for free, the only designated official account to follow. Do not estimate the market with your own financial resources, and do not let the gains or losses affect your determination! - Tommy

The morning strategy once again accurately reached the take-profit target of 1820. Currently, the overall market trend has gradually moved out of a relatively obvious one-way downward trend. The overall strategy still revolves around holding short and medium-term positions for rebounding shorts. Preceding relatively strong altcoins can also be lightly positioned for medium-term layouts at high levels, controlling positions well to achieve big gains with small bets.

Looking back, I am quite satisfied with the overall returns and range direction grasp in July. Let's redouble our efforts in August.

![Image](https://static.aicoinstorge.com/article/20230801/169085727839189.jpg)
![Image](https://static.aicoinstorge.com/article/20230801/169085732310772.jpg)
![Image](https://static.aicoinstorge.com/article/20230801/169085743725692.jpg)
ETH is expected to continue to decline towards around 1790 in the medium term, entry points are around 1850-1830, stop loss at 1870. (If you don't understand, refer to the train of thought in the previous article)
![Image](https://static.aicoinstorge.com/article/20230801/169085778248196)
Bitcoin is clearly at a top support level at 28600. Once 28500 is broken, the downward trend below can directly target 25800 in the medium term. Once the market direction is given, it must be firmly held, including the mid-term suggestion for MKR in the morning.
![Image](https://static.aicoinstorge.com/article/20230801/169085789968412.jpg)
Mainly targeting spot, contracts, BTC/ETH/ETC

Specialty: K-line trading

Original trading volume battle tactics.

Short-term swing high and low, medium and long-term trend, daily extreme retracement, weekly K-line top prediction, monthly line top prediction

WeChat Official Account QR Code
![Image](https://static.aicoinstorge.com/article/20230801/169085794019566.jpg)

Friendly reminder: The WeChat official account at the end of the article is created by the author himself!!

Please be cautious in distinguishing between true and false, thank you for reading!

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