Analysis of Big Pie's Late Evening Trend on August 18
This weekend, Big Pie suggested a long position at the 117,000 level, reaching 118,500, a 1,500-point move. In the morning, a short position at 117,900 was taken, with a minimum drop to 114,900, a 3,000-point space.
The early session saw a sharp drop, and in the afternoon, it continued to stop near 114,600, with some support around the 114,300 area. The pullback from the high is also nearly 10,000 points. The neck line for Big Pie is still at 112,000, no need to despair; if this level breaks, it could drop to 108,000, which is the best position to catch a rebound.
For Ethereum, the area around 4,200 was previously a trading zone with some support, and it may rebound here, while stronger support lies at the 4,000 mark.
For Big Pie, consider going long around 114,300-114,800, targeting 116,800 to 118,600.
For Second Pie, consider going long around 4,230-4,180, targeting 4,380 to 4,500. $BTC $ETH
This weekend, Big Pie suggested a long position at the 117,000 level, reaching 118,500, a 1,500-point move. In the morning, a short position at 117,900 was taken, with a minimum drop to 114,900, a 3,000-point space.
The early session saw a sharp drop, and in the afternoon, it continued to stop near 114,600, with some support around the 114,300 area. The pullback from the high is also nearly 10,000 points. The neck line for Big Pie is still at 112,000, no need to despair; if this level breaks, it could drop to 108,000, which is the best position to catch a rebound.
For Ethereum, the area around 4,200 was previously a trading zone with some support, and it may rebound here, while stronger support lies at the 4,000 mark.
For Big Pie, consider going long around 114,300-114,800, targeting 116,800 to 118,600.
For Second Pie, consider going long around 4,230-4,180, targeting 4,380 to 4,500. $BTC $ETH
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