Ten years to sharpen a sword, there are reasons for the rise and fall; Bulls and bears do not love war, it is safe to put it in the bag.
Hello everyone, I am Tommy, a cryptoeconomic scholar, a trader rooted in the currency circle, and I have been studying Ethereum (ETH) for 6 years. First, let me talk about the three things I don't do in my 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, so judgment of the market will result in significant errors.)
Follow K-line Life Tommy WeChat Official Account: Opportunities are created in time periods every day, there is no need to rush, the original intention has never changed, while creating profits, focus on professional risk control, make investments valuable, go for the long term, and not disappoint the encounters and trust in the past. I am available 24 hours a day for real-time guidance. If you have any questions, you can leave a message. All strategy ideas are open and free, and the only designated official account to follow. Do not estimate the market with your own financial resources, and do not let the amount of profit or loss affect your determination! - Tommy
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Review: The public strategy given on the evening of August 31st once again took profit. Since early August, it has been repeatedly emphasized that the overall market for Ethereum and Bitcoin has formed a double top pattern, so most of the chips were sold off at a relatively low level. The price formed a head and shoulders bottom pattern, and although the double top was accompanied by a large trading volume when the grayscale victory appeared, the volume of the second high was significantly lower than the first. This indicates that the bearish momentum has not ended, and the naked K-line volume and price on the daily chart have completely entered the bearish zone below. The top pressure at 1720 has not formed a top-to-bottom conversion after repeated pressure testing. In the short term, the strategy is still to sell on rallies. Do not blindly buy the dip, and do not try to buy the dip when the market sentiment is low. Follow the trend. September also brought a good start!
Ethereum is strong support below 1680, continue to look down to 1580
Bitcoin's support at 25800 is not broken. Near 26200 (confirming whether the bottom support is solid before entering the market again). Enter long positions with increased volume, and if it breaks 25800, look down (short positions near 25700 with reduced volume)
BCH: Around 224 is the chip area for building a bottom on the long side. If it stabilizes, continue to enter long positions. If 224 is not broken, the current price will continue to look down to the second chip absorption platform at around 180.
On the daily chart, it quickly fell back after entering the bullish zone, and will still face a second probe to build a bottom.
The public strategies for this month have been perfectly concluded. Those who need to follow real trading operations can follow the WeChat Official Account: K-line Life Tommy
Only the returns of ETH are publicly counted, and can be checked online. Real trading data is mainly based on real-time guidance. For details, follow the official account to learn more.
Mainly for spot, futures, BTC/ETH/ETC
Expertise: K-line trading
Unique trading method based on trading volume.
Short-term band high and low, medium and long-term trend orders, extreme retracement on the daily chart, top prediction on the weekly chart, head prediction on the monthly chart
WeChat Official Account QR Code
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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