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Academician of the Crypto: The latest trend of Bitcoin on August 18, opportunities are emerging! Where is the outbreak point after the sideways trend?

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The fundamental purpose of trading is survival, and profit comes second. I hope you can understand that I am an academician of the crypto and a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Let’s cheer together!

Crypto Academician: 2024.8.18 Bitcoin (BTC) Latest Market Analysis Reference

The weekend sideways market continues the content and ideas of the previous article. Continue to hold more than 57,000. As of 3 a.m. before the release of this article, the current price of Bitcoin is 59,500. There is currently 2,500 points of space, and you can pocket all of it at any time. However, the entry point of 57,000 is not always available, so only half of it is pocketed, and the rest continues to hold the target of 60,500 unchanged. Pay attention to the upper pressure level near 61,000. You can leave the market in advance after reaching the predetermined pressure point.

The reference is as follows: hold more around 57000,

If it falls back to 58500 to 58300, it will go to 60500 to 61000. If it breaks, it will go to 61500. Stop loss is 500 points.

Above 61500 to 61800 short, stop loss 500 points, look at 60500 to 60000, break to 59500

The specific operation is based on the real-time data of the market. For more information and details, please contact the author. There is a delay in the release of the article. The suggestions are for reference only and the risks are borne by the user.

This article is exclusively contributed by the academician of the crypto, and only represents the exclusive views of the academician. There are in-depth studies on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of article push, the above views and suggestions are not real-time, for reference only, at your own risk, please indicate the source for reprinting, and reasonably control the position when making orders, and do not operate with heavy or full positions. The academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should have been obtained fly away. There is no need to be smarter than the market in investment. When the trend comes, respond to it and follow it; when there is no trend, observe it and be quiet. It is not too late to wait for the trend to finally become clear before taking action. Tomorrow's success comes from today's choice. God rewards diligence, earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are inadvertent. Develop the habit of strictly taking stop loss and stop profit for each order. The academician of the crypto wishes you a happy investment!

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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