Yang, a figure in the cryptocurrency community: The analysis and thoughts on the Bitcoin/Ethereum market on August 15th do not constitute any investment advice and are for learning and reference only.

CN
3 months ago

As a senior figure in the cryptocurrency circle, I have been deeply involved in this charming and challenging field for many years. Having experienced the ups and downs of the cryptocurrency circle and witnessed the rise and fall of numerous currencies, I have accumulated rich practical experience and unique market insights. Investment is a long-term practice, and this is especially true in the cryptocurrency circle. Only by continuing to learn and constantly improving one's cognitive and judgment abilities can one steadily move forward in this challenging field.

Yang, a figure in the cryptocurrency circle: Bitcoin market analysis on August 15, 2024

Last night, Bitcoin was affected by the news, and the price quickly dropped from around 61800 after a virtual swing, which was a perfect harvest for long positions. Bitcoin is currently trading at 58700 and is starting to consolidate and raise funds. The EMA has a death cross with a bearish arrangement, the MACD has a bearish shrinking volume forming a bullish divergence, and the Bollinger Bands continue to smoothly open up. The coin price has been unable to break through the midline near 61600 for several days. On the four-hour chart, the MACD has a bearish increasing volume, and the two lines are repeatedly interlacing in a game. The coin price broke through the upper rail of 61300 and fell back between the middle and lower rails. The KDJ three lines are spreading downward, and the main strategy is still to go long at low and short at high.

Short-term strategy:

Short in the range of 60000 to 59500, with a target near 58000 and a stop loss of 500 points.

Long in the range of 57500 to 58000, with a target near 61000 and a stop loss of 500 points.

Yang, a figure in the cryptocurrency circle: Ethereum market analysis on August 15, 2024

Yesterday, Ethereum surged to a price of 2785, and is currently around 2660, maintaining a parallel with the closing prices of the previous two days. The market is under pressure from EMA12, and the bullish strength is insufficient. The coin price failed to break through the midline of the Bollinger Bands at 2830, and the DIF and DEA formed a golden cross and turned upwards. On the four-hour chart, the Bollinger Bands are open with increasing volume, and the coin price is running at the midline of 2660. The MACD has elongated bullish columns, and the KDJ has a death cross spreading downward. Overall, the main strategy is to go long at low.

Short-term strategy:

Go long in the range of 2500 to 2550, with a target near 2680 and a stop loss of 50 points.

Go short in the range of 2870 to 2820, with a target near 2720 and a stop loss of 50 points.

Disclaimer: The analysis and insights provided in this article are solely the author's personal opinions and do not constitute specific operational guidance. Any profits or losses resulting from acting on this information are the sole responsibility of the individual. Investment carries risks, so please exercise caution when entering the market.

This article is exclusively planned and published by Yang, a figure in the cryptocurrency circle. If you want to learn more about real-time investment strategies, spot contract trading techniques, operational skills, etc., you can consult the author for learning and communication. The author has been focusing on spot contracts for BTC, ETH, and altcoins for many years, hoping to help you achieve brilliant results!

Friendly reminder: The content above is created by the author's official account. The advertisements at the end of the article and in the comment section are unrelated to the author. Please discern carefully, and thank you for reading.

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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink