What is the key point of the short-term rebound? What should I do if I am trapped in a long position? Where is the entry opportunity for Ethereum today?
The market once again lost the 100,000 mark during the day, and has reached a retracement of 7,100 points so far. The trend is again dominated by shorts, which further clarifies the short-term thinking! Let's continue to look at Ethereum. After touching 3718 above the daily line, a large retracement was formed, and the current lowest point is 3322; the market inserted below EMA60 in the early morning, and a retracement is currently forming. From the retracement line, there are currently two pressure points above, one is 3490, and the other is the gold 618 position, which is the daily EMA30 position. These two positions can continue to be used as short-term test positions; then the next break defense point below is the EMA80 and MA60 positions, which is the 3260-3230 range; so it does look scary, everyone must bring a stop loss when entering the market, and don't lose the big because of the small!
In the short-term 1-hour level, the bullish reversal is not strong enough, but there is a slight decrease in volume below the 0 axis, and the fast and slow lines may form a short closing, so the upper side can also pay attention to the middle track and EMA30 position; the bottom of the KDJ three lines intends to rise and overlap upward, and the long orders below 3400 can be conservatively taken, but don’t be too greedy, and the idea is still to take the main short! So how much opportunity is low, you still have to wait until the 4-hour line closes before taking the main long!
Edited at 6:06 am on December 20, Beijing time: It is recommended to go short in the 3590-3620 range; stop loss above 3650; the target continues to look at 3490-3410-3350 first, and the break of the 3340-3320 range can be held to the 3260 position;
Low long can pay attention to the 3230-3260 range support intervention, and the target can be based on the actual market changes. It should not be a big problem to take a hundred points of space; specific operations can be consulted by Li Hui according to the actual market changes!
There is a delay in article review and push, the market is changing rapidly, the specific entry opportunity must be combined with the actual operation, and the real-time notification shall prevail. The recommended points in the article are for reference only. Do not operate with heavy positions. Please bring stop-profit and stop-loss when entering the market, and stop when you see good results!
If you don’t know how to screen strong coins, then I suggest you read my homepage and follow my public account to join the group.