Ethereum Market Analysis Reference for the Early Morning of September 11:
Hello everyone, I am Rocky, the most comprehensive Ethereum analyst on the Internet. The strategy performance this afternoon was very stable, achieving long and short-term profits. There are at least 3-5 opportunities for short-term trading, and each time you can earn a stable profit of more than 30+ points.
So, have you eaten meat?
Let's get back to the point!
In the 1-4 hour time frame in the early morning, we need to pay close attention to the two key positions of 2340 and 2317. If the early morning retracement does not fall below 2317, the 4-hour level trend will still remain on the long side. On the contrary, if 2317 is broken by the entity, it can be considered that the 1-4 hour level rebound has ended, and the trend is likely to turn to short.
The strategy analysis is as follows:
If 2317 is not broken, the market is likely to enter a shock upward phase, first look at the vicinity of 2340, and then pay attention to the upper pressure level. It is recommended to adopt a moving stop profit strategy after achieving a 5-point profit.
Aggressive long strategy (reference interval ±3): around 2282-2275, around 2250-2265 (if there is no break, you can try to enter the long position, and move the stop profit as an auxiliary strategy, which is suitable for short-term trading).
Steady long strategy (reference interval ±3): if there is no break near 2145-2155, you can consider reverse long operations.
Pending order long strategy (reference interval ±5):
2145-2150, 2075-2080, 2015-2020
(It is recommended to set stop loss and take profit before placing orders, without real-time monitoring)
Short strategy (reference interval ±3):
If the 1-hour level rebound fails to effectively stand at 2340, you can consider shorting, and if the 1-hour level fails to effectively stand at the pressure level of 2365, you can consider shorting. Steady people can enter short orders near 2400-2410.
Short-selling strategy for pending orders: around 2455-2460, it is recommended to set a stop loss of 10-15 points.
Note: In any trading situation, you should avoid resisting orders, adopt stop loss operations, and use moving take profit as an auxiliary strategy.
(For traders who are not familiar with moving take profit or stop loss, it is recommended to learn relevant skills.)
Key support and resistance levels (reference fluctuation range ±5):
Resistance level: 2370, 2417, 2455
Support level: 2275, 2235, 2190, 2146
When the price does not break through the resistance level, you can consider a short-selling strategy; when it does not fall below the support level, you can consider a short-long strategy.
This analysis is for reference only and does not constitute a trading recommendation.