Gate.io Blog Market News | Daily Main Token Trends Overview

Market News | Daily Main Token Trends Overview

14 August 10:13

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![](https://gimg2.gateimg.com/image/article/1688113830trending%20overview.jpeg)

The article is reprinted from the daily market overview of W-Strategy who is a guest streamer of Gate.io, a senior strategy analyst of cryptocurrency, and the founder of Wcollege. The article will analyze daily main token trends, short-term strategies, and long-term strategies for you in 3 minutes.

*The article is the original content of W-Strategy. Gate.io is only for reprint and distribution, and the copyright belongs to the author himself.

## BTC
![](https://gimg2.gateimg.com/image/article/1691979206BTC.png)
Condensed Commentary: Daily moving averages are aligning, with a convergent posture expected by the morning of August 22nd. Conservative bullish recommendation for long positions on a breakout above $30,888 USD or short positions on a drop below $28,535 USD, maintaining overall support along the purple uptrend line.

## MC
![](https://gimg2.gateimg.com/image/article/1691979185MC.png)
Condensed Commentary: The 4-hour chart breaks through a large-scale convergent upper boundary. Last week's entry positions ranged around $0.2568 USD, subsequently showcasing an upward movement to a peak of $0.3700 USD in the past two days, with a peak gain of 44.08%. Profit-taking is recommended. Long-term stability should be maintained around $0.2930 USD.

## BAT
![](https://gimg2.gateimg.com/image/article/1691979168BAT.png)
Condensed Commentary: Short-term moving averages are neatly arranged, aligning with a significant ascending triangle over the past 60 days. Long-term strategy awaits end-of-month posture. Pursue long positions upon breakthrough, sequentially targeting $0.2221 USD, $0.2307 USD, $0.2435 USD, and $0.26 USD. The key defense line remains the upward trend.

## WLD
![](https://gimg2.gateimg.com/image/article/1691979150WLD.png)
Condensed Commentary: Short-term grabbing strategy proves effective, with accurate base at $1.650 USD, as anticipated rebounding towards $1.714 USD, $1.745 USD, $1.790 USD, and topping at $1.845 USD, yielding a 10.12% rebound from the bottom. Long-term outlook remains bearish, advising observation for potential secondary bottoming.

## PEPE2
![](https://gimg2.gateimg.com/image/article/1691979125PEPE2.png)
Condensed Commentary: Rebound wave initiates high-level oscillation at $0.0𝟟1605 (Note: Indicating 7 decimal places). Bearish strategy suggests short positions upon breaking below $0.0𝟟1595 USD, targeting $0.0𝟟1277 USD. Note the potential for a Short Squeeze scenario due to a sudden surge in the MeMe sector.

## KAS
![](https://gimg2.gateimg.com/image/article/1691979386KAS.png)
Condensed Commentary: Daily chart purposefully maintains historical second high at $0.041015 USD. This week, observe if the secondary high can establish support at $0.041 USD. Stable support suggests light positions above $0.0403 USD. Upward potential targets include $0.0517 USD, $0.0573 USD, and $0.0613 USD.

For more details, please follow W-Strategy | post account:
https://www.gate.io/post/AxMRBAQDWVVVBl9QQgO0O0OO0O0O555

<div class="blog-details-info">
<div>Author: **W-Strategy**
<div class="info-tips">\*This article represents only the views of the author and does not constitute any investment suggestions.
<div>\*The article’s content is original and the copyright belongs to the author. If reprinting is required, please indicate the author and source. In all cases, legal action will be taken due to copyright infringement.
</div>

BTC/USDT -0.73%

KAS/USDT -7.08%

WLD/USDT -4.43%

PEPE2/USDT + 4.54%

BAT/USDT -3.22%

BTC

BAT

WLD

PEPE2

KAS

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