8.16 BTC ETH intraday strategy



Xiao Zhuge started laying low from the afternoon of August 14 to catch the big peak. Those brothers who followed this round of big waterfall should have gained something, more or less.

Currently, looking at the market, the price of the currency has been repeatedly pressed within the range of 117000—118000 in the 4-hour cycle, with the support level being tested multiple times, but the upper pressure has not been broken through.

The technical aspects go without saying, the daily MACD is firmly dragging downwards, with the DIF and DEA already widening their gap and running down, and the green bars are getting longer one after another, indicating a clear advantage for the bears. Looking at the 4-hour chart, after the DIF and DEA death cross, they continue to trend downwards, with no change in the trend, and the short-term downside risk remains significant.

So, tonight's strategy is very simple - don't be impulsive, don't fight, just focus on the opportunity to short it at a high position!

Personal suggestion
BTC: 1180-1188 entry, target looks down at 1170-1164, break below looks at 1156
ETH: Enter at 4480-4520, target down at 4360-4160
#BTC再创新高#
ETH-2.96%
BTC-1.05%
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