What coin to trade today? 14/8:

#ChươngTrìnhThủLĩnhÝTưởng#

Hello guys,

This is probably the most "swiss" market I've ever seen, when the trend seems clear, but in reality the price action doesn't support it, because it's "turning around like a pinwheel" with extreme boundaries. rather unpredictable.

Temporarily we still update, but nothing new guys!

BTCUSDT - D1 - OKX:

Chart provided by OKX

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First, when you observe the general structure, we see that it is very "bull", when gradually higher peaks / troughs are being formed, with the main pressure being increasing.

Chart provided by OKX

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However, when zooming in close, we see a very "Bear", when the EMA25 is sloping down and the price is also tending to break down, not to mention the rallies in the bullish structure are also showing a trend. "shorter" gradually (the following rallies are not as strong as the previous ones).

With what's going on, I'm back to the Bear again, but I won't be in a hurry to trade because things are still unclear. Let's wait for a bearish candle to appear to confirm our conjectures first before continuing.

2. BNBUSDT - D1 - OKX:

Chart provided by OKX

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With BNB, I can't draw trend lines properly, because although they are in an accumulation area, the peaks/bottoms are not in a certain order. The trend line connecting the bottom above the figure is drawn so that it also crosses the most bottoms, but also ignores some important bottoms. With the price action moving sideways and regularly crossing an EMA25 that is also moving sideways, we have to wait for a strong bullish/bearish signal and then wait for the momentum to accumulate to enter the order. being bullied o_Oo_Oo_O.

Can you wait for a strength candle to break through the trendline and close, then try to do a short sell order to test the market?

ETHUSDT - D1 - OKX:

Chart provided by OKX

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With eth, the Bears have the upper hand & the price is also being pushed down by the EMA25, but with what has been going on lately, we can't help but be skeptical. Therefore, wait for the strength candles to close below the horizontal support area represented by the sideways trend line before selling!

Wish you good trading & reap more profits in the future!