This week's trading review/market outlook: SOL rumored market manipulator makes a strong push + BTC lower band successfully buy the dip.



Hello everyone, I am your Kezhang. This week's market is too exciting, let's do a review together. Those who have survived until now should give themselves a round of applause. In such a difficult market, we have persisted until now and are still able to enjoy BTC, which shows that we are all very capable people.

The point that the section chief has been repeating since the beginning of this week is that $BTC is back in the fluctuation range. The logic of the fluctuation range is that after breaking the middle band, it will inevitably go to the lower band. Therefore, buying the dip at the lower band is the most cost-effective operation. This week has also been a reminder for everyone to pay attention to the position of the daily lower band, which just hit around 111700 last night, the position given to everyone in yesterday's analysis. If you executed it successfully, this trade last night would be enough for you to earn a week's or even a month's profit.

Secondly, we bought the dip three times this week to go long on $SOL:
First time: 17600 SOL sent on the 18th, lowest at 175.57 on the 20th, successfully bought the dip;
Second time: 180 dry long SOL sent on the 21st, lowest on the 22nd was 179.33, successfully bought the dip;
Third time: 178 long SOL sent on the 22nd, last night the lowest was 177.14, successfully bought the dip;

Every time it's basically at the lowest point, the department head here pursues precise points, which is also where I differ from most other bloggers. If we average 10 points per trade, then our profit on SOL this week is 30 points, of course, many friends in the B community have definitely earned more than 30 points.

Currently, BTC is still in a consolidation range, and the daily line has not completely stood above MA50. Therefore, it is highly likely that it will still follow a converging pattern, and a complete V-shaped reversal is not very realistic. There is no need to be overly ambitious with profits, and let's see how the weekend goes. #BTC# #ETH#
SOL-4.98%
BTC-0.97%
ETH-3.48%
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WaxOnlineTokenvip
· 08-24 00:31
thx this information
Reply0
GateUser-87adec4bvip
· 08-23 09:38
thanks for the useful information
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