Coin Circle Liying: Why is the medium- and long-term trend of Ethereum still bullish on December 18? Latest market analysis
Article release time 2024.12.18----01:25
The current price of Ethereum is 3965, and Liying's article yesterday reached the point perfectly. First, more than 3900 and the final target is 4100, and then the reverse 4100 short, 3950 profit-taking before the press release, long and short double-closed 350 points, 3950 has been on the train again, and the target will reach the expected high before the target. Defend the stop loss of 3900 and manually exit after falling below 3900. Safety first and do a good job of risk management
For the current market trend, Liying first talks about the K-line pattern. The current price fluctuates around 4000. A long upper shadow line appeared on the 17th, indicating that the upper selling pressure is large. The K-line on the 16th is a long lower shadow positive line, indicating that there is a certain support below. In the four-hour MACD technical indicator cycle, DIF and DEA are close to sticking together, and the MACD histogram turns from positive to negative, indicating that the long and short forces are balanced in the short term, but there are signs of weakening.
The current RSI value of the relative strength index is around 53, which is in the neutral area, and there is no obvious overbought or oversold signal. The current price of the EMA trend indicator is below EMA7 and slightly above EMA30, indicating that the short-term trend is weak, and the medium and long term remains upward. The increase in trading volume is a good thing, and the long and short turnover rate increases. It is beneficial to us if the trend remains unchanged. As long as we do a good job of risk control, the rest will be left to time. Liying's thinking remains unchanged, and going long is the main trend, and short is the auxiliary.
Today's latest point reference
Go long at 3900, make up 3850, stop at 3800, target 4000
Short at 4050, make up 4100, stop 4150, target 3900
The above analysis is based on the conclusions drawn by Liying based on market data and market trend analysis, and does not constitute investment advice. For family members' reference $ETH