Analysis of the latest market situation on August 17, entry point for Light Position participation #BTC :
① Top: Aggressive short positions near 2633~368. Additionally, lying in ambush short orders near 2660~65. Defend at 2680, exit on stabilization. Conservative lying in ambush short positions at 2720.
② Bottom: Aggressive traders still focus on short longs around 2555 without breaking. Long Wick Candle near 2530. Also, support at the bottom around 2475 can be a first point to lie in ambush for long positions. Conservative traders can lie in ambush for long positions around 2400~2410.
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Analysis of the latest market situation on August 17, entry point for Light Position participation #BTC :
① Top: Aggressive short positions near 2633~368. Additionally, lying in ambush short orders near 2660~65. Defend at 2680, exit on stabilization. Conservative lying in ambush short positions at 2720.
② Bottom: Aggressive traders still focus on short longs around 2555 without breaking. Long Wick Candle near 2530. Also, support at the bottom around 2475 can be a first point to lie in ambush for long positions. Conservative traders can lie in ambush for long positions around 2400~2410.