August 26 BTC/SOL/ETH Contract Long and Short Analysis: August is like this
Another wave of decline in the early morning, many B friends were scared into embryos again. In fact, this wave of decline reached the position of MA120 we previously set for a rebound. This is the first time it has arrived here on the daily chart, so there will be some support. If today’s daily line closes with a bearish candle breaking down, then we can start a real downward trend. If a small bullish candle closes, the last few days of August will still match our original judgment: fluctuating and converging between MA120 and EMA15.
The current pressure level for $BTC is at 111250, and if it stands firm, consider the support and resistance swap to see 112400, with the pressure level of 113400 being a point to try short positions. The support below is at 107500 and 105000. Since the dealer likes to annoy people, we won't place trades until we reach the extreme annoying points.
The lower support for $SOL is currently in the range of 181-180, and the pressure level above 195 must be held firm to see the pressure at 198, with 201-203 being points to attempt short positions.
For $ETH , the long position for Ethereum is currently at 4220 and 4160. The pressure level above 4540 is quite important; once it holds firm, look for 4660 and 4730. For a short position, 4540 can be attempted.
In summary, if today’s daily line cannot close with a bullish candle, there is a possibility of continued decline, which would be the positions of 107500 and 105000 for the big coin. However, considering that dealers generally do not provide significant market movements at the end of the month, it’s better to lower expectations; the end of the month is just about lying flat! (Bringing you the latest market analysis and precise entry points daily, long and short are just for B friends’ reference, strictly stop loss and take profit. Exclusive 20% discount on fees for department head, invitation code KEZHANG888)
