Academician of the currency circle: 11.25 Ethereum short-term long position layout is about to detonate the market! The double top situation is broken, and the 3500 target is within reach?
Ethereum is currently priced at 3350. It is now 6:45 am Beijing time. Sure enough, the descending triangle of the short-term 15-minute K-line is a short-selling indicator. The K-line retraces the EMA30 neckline and is effective but has not been able to break through and pull back. The resistance point is 3320. If it breaks through this position, you can consider continuing to arrange more, instead of shorting here. Let's look at the market.
The double top formed by the daily K-line falsely breaks the previous high and hits 3500. It retraces the lower neckline and is effectively long. The EMA15 trend support focuses on 3170. MACD continues to increase in volume. The upper rail of the Bollinger band focuses on 3580, and the middle rail support refers to 3120. In terms of thinking, the big trend level box is still held, and the long thinking remains unchanged. The overall trend is still a long trend. Since we know that the trend is long, all short indicators are qualitatively short-selling indicators. Find a position at the support point to arrange more, and then hold with a stop loss. If you are wrong, stop loss and don't fight. If you are right, hold and look at the previous high.
The four-hour K-line retraces E MA30 support point 3300 after continuous support point, clear support, MACD shrinking volume increase, Bollinger band shrinking, the first pressure point of the middle track pays attention to 3360, the upper track pressure point pays attention to 3450, the lower track support reference 3475, the overall trend is still a bullish trend, especially after the shrinking volume, the chips of the market begin to concentrate, and the main funds are also flowing in. The idea is to layout along the upward trend and go with the trend.
Short-term reference: 3320 long holding, safety first, remember There is no 100% market stability, so you must bring a stop loss. Safety first, small losses and big profits are the goal.
Lots of 3330 to 3300 below, defense of 3250, stop loss of 50 points, target of 3400 to 3450, break of 3500 to 3550
Short of 3550 to 3600 above, defense of 3650, stop loss of 50 points, target of 3500 to 3450, break of 3400
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