5.10 Zhang Lihui: The market is as expected. After the trend breaks, it steps back on the support again without breaking, which is a signal of long-short conversion! Today's Ethereum (ETH) market analysis and operation reference #新币挖矿 #山寨币热点 #BTC走势分析 #ETH #BTC $BTC $ETH
Yesterday, the short position layout above the high altitude 3010 of Ethereum once again obtained the interval income. It has achieved 5 consecutive wins after the holiday. Although the space of this order is not very large, it is also relatively stable, because I also mentioned yesterday that there were 4 consecutive positives during the holiday, and 4 consecutive negatives after the holiday, so we have to be more cautious in short positions, because there may be changes at any time! Sure enough, after the trend position was broken, there was a retracement bottom support and then the market rebounded, which is also consistent with Li Hui's expected thinking! After this breakout, the market has turned bullish, and we need to adopt the idea of retreating low and long to carry out layout operations. Once again, we must follow the trend and strictly control the position, so as to achieve long-term stable returns in the currency circle!
5.10 Ethereum market analysis and operation suggestions:
Ethereum 1-hour price clearly showed a phenomenon of unilateral decline and rebound breaking the trend line. The price formed a double bottom support near 2950, and the market was in a volatile upward trend. The current price intentionally formed a retracement phenomenon after reaching 3028. This is also a repeated test of the long space signal. Looking at the KDJ value, it shows that the market is buying actively, but the J value may form a top turn after reaching 100. This is also a normal retracement need. The upper part of MACD continues to increase in volume, and the distance between DIF and DEA is pulled upward. DIF has entered above the 0 axis from a negative state; in the EMA indicator, the price of the currency went up through the EMA80 moving average and quickly stepped back near the EMA60 moving average. The EMA10 below the price has crossed the EMA30 upward, and EAM15 is also approaching EMA30 upward, and will soon overlap to form a three-line bottom support. Therefore, this is also a manifestation of a short-term long signal!
The 4-hour coin price just stands on the EMA15 moving average position, and the bottom turning points of EAM7 and EAM10 below are about to overlap, which is also a key support position. Another thing worth referring to is the U-shaped space after the previous moving average concentration. Although the U-shaped space has only gone halfway this time, it can be clearly seen that the space below is basically completed;After the three lines of the KDJ indicator cross, they spread upward. The volume starts to increase above the MACD0 axis. DIF and DEA intentionally form a golden cross state in a negative state. It depends on whether the volume can be successfully increased above these 4 hours. The formation of the golden cross is particularly critical. Once formed, the long space will open up, and the market will form a long-short conversion again. Just enter the market boldly at a low price!
It is recommended to pay attention to the 3005-2975 range below and do more without breaking it. Stop loss 2945; take profit 3045, break 3050 and continue to hold to 3080-3110-3150; the entry point of the short order needs to be arranged according to the data changes of the market!
There is a delay in the review of the article, and the market is changing rapidly. For more real-time orders, you can follow the public account and my name to obtain it. Please strictly take the stop profit and stop loss when entering the market, and stop when you see the good!
I, Li Hui, interpret the world economic news and analyze the major trends in the global cryptocurrency circle. During my further studies in the United States, I have conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL and other currencies. Friends who don’t know how to operate are welcome to leave comments!