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Coin Circle Academician: 2024.4.17 Ethereum (ETH) latest market analysis reference
I believe everyone knows the trend of Ethereum yesterday. I have given it very clearly. I have given the current price position twice in a row in the circle of friends. Such an obvious market trend has appeared too many times, so I will remind you to make more layouts in the range of 3000 to 3050, and the upper space can be freely pocketed. As of press time, Ethereum is still in long position. Only those who can endure loneliness can maintain prosperity. The layout has been made near this position for two consecutive days. The reason is very simple. The main force has been standing at the 3000 integer mark for a long time. If it is not laid out at this time, when will it be laid out? The stop loss can be in the range of 2950 to 2980.
It is 2:20 in the morning now. As of press time, the current price of Ethereum is around 3050. The daily K-line on April 16 has not yet closed. The lowest has touched the support of the EMA trend indicator 120 below, and the upper side is also near the EMA90 pressure level. Such top-to-bottom and bottom-to-bottom market conditions have occurred many times. The downward opening trend of KDJ has shown signs of closing (the sideways closing trend has changed). After the MACD has shrunk downward, DFI and DEA have been in the shrinking indicators. You can pay attention to this. In history, every time such a situation occurs, there will be a reversal. The Bollinger Bands are still in an opening trend. The daily K-line is testing the lower track back and forth. Be prepared for the 3000 mark and arrange multiple stop losses. It doesn’t matter if you exit with a stop loss.
The four-hour K-line has been below the EMA trend indicator for a whole day, and the pressure level is 3090. If it breaks through the upper space, it can continue to hold. KDJ is obviously closing, MACD is increasing in volume, and DIF and DEA are spreading upward from low levels. If you want to go to the 0 axis in the short term, unless the market stretches and breaks 3530, this is a matter for the future. There is no need to look so far in the short term. The middle rule of the Bollinger Band is the short-term pressure point of 3100, and the upper rail pressure level is 3260. It is a good indicator to close the small mouth. The idea is still to adopt the low-multiple idea, and it is not short for the time being.
The specific reference suggestions are as follows:
The entry points for long positions are mostly between 3000 and 3050, with targets between 3150 and 3250, and stop losses between 2950 and 2980
The risk of short selling is greater than the return, so no short selling ideas are provided for the time being. Radical investors who want to short sell are advised to consult professionals (focus on the 3000 mark, the current dense area is just above this position, remember to set a stop loss to avoid being washed out)
The specific operation is based on the real-time data of the market. For more information and details, please contact the author. There is a delay in the release of the article. The suggestions are for reference only and the risks are borne by the user.
This article is exclusively contributed by the academician of the currency circle, and only represents the exclusive views of the academician. There are in-depth studies on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of article push, the above views and suggestions are not real-time, for reference only, at your own risk, please indicate the source for reprinting, and reasonably control the position when making orders, and do not operate with heavy or full positions. The academician also hopes that all investors 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 have been obtained fly away. There is no need to be smarter than the market in investment. When the trend comes, respond to it and follow it; when there is no trend, observe it and stay calm. It is not too late to wait for the trend to finally become clear before taking action. Tomorrow's success comes from today's choice. God rewards diligence, earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are inadvertent. Develop the habit of strictly taking stop loss and stop profit for each order. The academician of the currency circle wishes you a happy investment!
