a2024.4.2 Currency academician’s latest market analysis of Ethereum: Strong short sentiment and following the trend $
Ethereum was affected by the US market yesterday. It dived last night and fell below the 3450 support. We will look at the market yesterday. Yesterday, we thought of a short layout near 3620. Finally, we settled at 3500 and won a 120-point high. Later, it was cut by the main force and it was around 3520. Stop loss 3450 lost another 70 points of high ground. You can read the detailed story in yesterday’s article. It should be clear at a glance.
The current market price of Ethereum is around 3480 before publication, which is just at the EMA30 trend indicator level. However, the trend line has begun to bow downward. There is a strong short sentiment and it is recommended to go short with the trend. You can get a good wave of profits. Remember to bring a good stop profit and stop loss. Safely fall into the bag, you can see the current trend of the Bollinger Bands, the pressure and support are shrinking, the middle rail is moving downward, a typical short trend, the trend in history has seen this situation many times, so this time is no exception and the main force still appears In the case of a diving market washout, MACD has shrunk and started to decline, DIF and DEA may cross the 0 axis downwards (you can focus on this indicator), and the short trend formed alternately downward in a KDJ has begun to spread, (short positions strong emotions)
In the four-hour ultra-short trend, we can see that the EMA trend indicator has been shrinking and moving forward. Then we can look at whether the trend after each EMA contraction in history is a short dive. This time we must also prevent the main force from diving and follow the trend of the main force. The short side is dominant, the middle track of the Bollinger Bands opening moved downward, the lower track support fell below 3400, and the lower space became unknown. After MACD shrank downwards, DIF fell below the 0 axis and entered the lower space. DEA also spread downwards, and polarization continued. It won’t take long. After KDJ spreads downward, the overall trend will be concluded based on various indicators (empty)
Idea reference: short the first entry point 3485, the second entry point 3520, short stop loss point 3550, the long idea is mainly based on the real-time data of the handicap, the handicap is unstable for the time being, and the short position is the main one, article release There is a delay, and the review takes time. The specific operation is based on the real-time data of the handicap. For more information, please contact the author. It is recommended for reference only and at your own risk.
This article is exclusively contributed by academicians of the currency circle and represents only the academicians’ exclusive views.He has in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of publishing the article, the above opinions and suggestions are not real-time and are for reference only. Please bear the risk at your own risk. Please indicate the source when reprinting and make reasonable orders. Control your positions well and never operate with a heavy position or a full position. The academician also hopes that all investors will understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should be obtained fly away. There is no need to be smarter than the market in investing. When the trend comes, respond to it and follow it; when there is no trend, watch it and stay calm. It’s not too late to wait until the trend finally becomes clear before taking action. Tomorrow's success comes from today's choices. God rewards diligence, integrity rewards kindness, humanity rewards sincerity, business ethics rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are all inadvertent. Develop the habit of strictly taking a stop loss and a stop profit on every order. Academicians of the currency circle wish you a happy investment! #以太坊合约 #ETH（二饼）
