In the live broadcast of Tianxia Community, the market continues to decline and there is a best position to buy the bottom
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5658778060 Daily level; 1. Within the trend of the moving average, as the MA30 falls at the beginning of this week, the MA120 that has been taken over below will be fully utilized. The remaining time in August is likely to emerge from a convergence pattern, so the primary bottom is in the range of 11.1-11.2; Perform a reverse draw of MA30 after hitting; The convergence point is located in early September, which tells us that the trend of the daily chart will have another wave in early September; 2. Within Boll's trend, the price of the currency has already fallen below the mid track today, so it is necessary to follow the logic of a volatile range, and then a bottoming out is possible; 3. In the market of quantitative energy, the primary VR value reached 46 within the oscillation range, which belongs to the ultra-low range. Therefore, the future market cannot directly transition from the oscillation range to a downward trend, and must undergo rebound adjustment to achieve it; So phased withdrawal is necessary; Judging from OBV, the trend volume in this period can escape slightly, with the moving average falling below. If we want to see a breakthrough in the future, we must complete the bottoming out in the convergence zone, so we can only focus on the rebound for now; 4. In the trend of potential energy, RSI and MFI also entered a volatile form as the coin price fell, but no downward trend was given. At the same time, CCI fell into the range of 0-100, also entering a volatile range. The 0 axis will have strong support, so buying at the bottom is preferred over buying at the high end; 5. Within the current balanced trend, the currency price has fallen into the clouds, so both long and short sides have completely entered a stalemate stage; The period of the reversal is the same as the convergence pattern in early September; The remaining time in August will require oscillations within Yangyun. Based on the support of 111000 at the lower edge of Yangyun, this is the intersection of three support levels, making it the best location for bottom fishing; Overall, there is a possibility for the daily trend to continue to decline, and the best range for bottoming out is 11.1-11.2. After the bottoming out is completed, we will temporarily look for a pullback. The top of the pullback range is around MA30, and the daily trend in late August and early September will face a new trend, which is the tip of the convergence pattern. This is our main market trend; QQ group number: 425915927 QQ group link: https://qm.qq.com/q/Tiv0OLi4kS Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
