5.12 Currency Circle Academician Exclusively Predicts, Can Ethereum Make a U-Shaped Transition? Latest Market Analysis and Reference Suggestions Analysis
The market has been very stable for a whole day, and positions have been held for a whole day. As usual, there are many positions around 2900, and the idea of defending 2850 to cover positions remains unchanged. Let's look at today's market. As of 2 a.m. before press time, Ethereum's current price is around 2920. Looking at the changes in the daily K-line trend this year, basically, after falling below the 3000 mark, it returned to above the 3000 mark within 24 hours, but this time there was no such situation, so many whales sold Ethereum today,
But one thing worth noting is that it did not bring benefits to the Ethereum market The short position indicates that these sell-offs are insignificant, and the market basically digested this part in an instant. Perhaps this is what the main force wants to see. The daily K-line stands above the EMA170 trend indicator and then consolidates at a low level. You can pay attention to the pressure level of 3020 near the EMA120 trend indicator. The KDJ opens downward and spreads. The MACD shrinks and the downward K-line diverges upward. While the DIF and DEA cross downward, the K-line stretches from 2880 to around 2945. From this point, it can be seen that the market does not want to explore further. After the Bollinger Bands opened, the K-line broke through the lower track yesterday and today it is at the support point of 28 on the lower track. 80 began to stretch upward to 2945. The short-term trend tends to pull back. Judging from the daily K-line trend, it is recommended to be long, and not short for the time being.
Whether the four-hour K-line can transition to a U-shaped transition depends on whether the momentum of the sideways repair on Sunday is strong enough. The EMA15 trend line has reached a new pressure level near 2955. Can the K-line stand on the trend indicator to hit the 3000 mark? KJD closes and there is a golden cross trend at any time. MACD shrinks and increases funds. DIF and DEA close at a low level and move upward. In addition, the current trend of the Bollinger Bands shows that the pressure level has reached 2970. The short-term long idea is still valid. , currently holding positions, remember to set stop loss to prevent market changes
The operation ideas of ultra-short contracts are as follows:
The entry point for long positions refers to the layout of the 2900 to 2910 range, the first exit point focuses on the 2955 to 2970 range, break the position to see 3030 to 3050, defend 2850 to 2860 to cover long positions, stop loss 2820
Don’t be short for the time being, after the long positions are profitable, remember the contract trading rules I said earlier, don’t overdraw transactions, don’t trade frequently, review and summarize the rules first, wait for opportunities with short positions, enter the market after clear signals appear, protect the principal first and then think about profits
The specific operation is based on the real-time data of the market. For more information, please contact the author. There is a delay in the release of the article. The suggestion is for reference only and the risk is borne by yourself.
As a senior person in the currency circle, I have been committed to providing useful suggestions for everyone. I hope that everyone will take fewer detours and make fewer wrong orders in this market. Although I am sincere, the road of investment still needs to be explored by yourself. Learning is endless, and the experience learned is the real wealth!
There is no need to over-display your strength. The key is to get more people's recognition. On the road of investment, it is more important to do yourself well than to prove your strength to others. Whether it is a mule or a horse, you will know it by pulling it out for a walk.
I am an academician of the currency circle and a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on!
