❤️ Crypto Community - Analysis on August 19, 2024


Global Economy This Week: August 19th: TBD (August 19th-22nd): The Democratic Party holds the National Convention. August 22nd: 20:30 US time, the number of people who applied for unemployment benefits in the first week of August will be announced --- 2:00 US time, the US central bank announces the minutes of the monetary policy meeting.
Currently, it is preferable to look at the macro البيانات, if the release is not raised in advance, it will slowly look at البيانات المفضلة, and the market will be strong on Monday.
On the same day: stability for 4 hours slowly, there is evidence of improvement, with control of long positions
Resistance levels: 2650, 2720, 2840, 60500, 61500, 62500
Support levels: 57000, 56200, 2580, 2550
ETH day: 2580-2600 to find more signals, more than 15 minutes apart, current price is 2620, extension beyond 2580, stop loss at 2550, profit taking at 2630, 2650, 2nd profit taking at 2720.
BTC day: long in the range of 58000-57600, margin renewal 56800, stop loss 56500, 30-minute bullish divergence, profit-taking at 60000-60500, second profit-taking at 61500
Today's plan, relying on live broadcasting and technical analysis, to control a position, for reference only,
ETH0,89%
BTC1,27%
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