ArmyCommanderBTC

ICP's daily chart is looking pretty strong. Take profits first, and wait for a pullback to re-enter #icp .

Bitcoin market analysis on August 30, still bearish in the long term, the swing trading W wave may have integrity, the next is the X segment of fluctuating pullbacks, after the X segment is completed, we will start again.

8.26 Bitcoin market analysis, a short at the highest price is forming, and since the short at the highest price, it has been falling as expected, and you can get on board in batches.

Continue to hold the medium to long term short order on Bit, while still looking for a short-term Rebound.

The small structure is inclined towards the dual gear structure drawn last night, so I won't update the diagram.

As of now, in the 4th wave, I personally still lean towards this expanding triangle and then starting the 5th wave; the other white route is to fall to the lower band of the channel around 113-114 and then start to rise. I personally think that this could easily ruin the market situation, which may not be what the market maker wants. What the market maker wants is to dump, not to whipsaw; falling too much is not conducive to selling the chips at a good price; therefore, I am more inclined to believe that the market maker will support in market while dumping and will not let the price fall too

According to the analysis, it is in the 5th wave, at the end of the market. After the 5th wave finishes in the next couple of days, it will start to shift to a medium term bearish trend; those with substantial profits should remember to pocket some profits.

I personally lean towards the bullish route for Bitcoin in the medium term, and after this consolidation, I expect new highs; therefore, I currently have no plans to short, and I will continue to focus on holding more Bitcoin.

From a structural perspective, the structure of Ether is complete and may come to an end; I dare not short, but I will also never blindly call for a long position now.

According to the analysis, if the Bit pulls back to the range of 116000-115000, we can buy again; if the Ether pulls back to around 2810, we can buy again; it may consolidate for three to four days, so be patient and wait.

As analyzed, after the pullback, we can still take a long position once; afterwards, we might not dare to take it again.

The current market is significantly affected by the war between Israel and Iran. As shown in the image, it is uncertain whether this is the entirety of wave C or just C1; if it is the entirety of wave C, it also needs to break through the red circle to be confirmed.

The current strategy is still to go long, with a stop loss set close; let's first observe today's rebound situation.