This article is only a personal market opinion and does not constitute investment advice. Any trading based on this is at your own risk.
First, let's look at BTC. There is a typical daily new high divergence. Although the indicators are bearish, the chart is still in a consolidation area. The current key levels are 112,000 and 123,200. Until it breaks below or above these levels, it will remain in a range-bound fluctuation with a 10% amplitude. There is no trading value in between. Just wait for a breakout or breakdown.
Next, let's look at ETH. Since August 3, it has formed a 5-wave upward structure. As of August 13, a complete 5-wave has been completed, and it is currently in a 3-wave correction.
From the 4H level, the price has just broken below the support level around 4360 from the weekend. There are currently no obvious signs of a bottom. The price is within a previous consolidation area. First, we will see if it can find support around 4160. If it continues to break below this consolidation area, it will need to retest around 4000.
Follow me to maximize trend profits with minimal operations.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。