Academician of the Cryptocurrency Circle: After Ethereum gained 100 points on October 3, short selling came. Who can escape this wave of impact? Reference for the latest market analysis
The current price of Ethereum is 2420. It is now 2:50 am Beijing time. Ethereum is short at 2500. The previous low of 2400 is taken, and the space of 100 points is taken. It is currently in a short position. As for the actual combat record, there are updates in the circle of friends. You can compare the layout of the academician with the market. Let's look at the market. The current daily K-line is more than five hours away from closing. As long as the upper side does not break 2500, the short position will continue.
Because the daily technical indicator MACD has ended its large volume and started to shrink downward, DIF and DEA0 axis form a dead cross downward, indicating that short positions are coming. In addition, the pressure of the Bollinger Band 2515 is effective, and the lower track support reference is 2260. KDJ spreads downward into the oversold area. Although it has not entered the extreme oversold, there is still short momentum, but the possibility of stepping back cannot be ruled out, so it is most stable to wait for the pressure position to short
The 4-hour K-line shows a descending triangle, and the support point is the previous low of 2400. Under such a strong overall short sentiment, it is difficult to hold 2400. Another point that everyone should have discovered is that it was the same in early September. After a month, the market has returned to the starting point. MACD is shrinking downward, DIF and DEA are diverging from the bottom, and the Bollinger Bands are spreading downward. The lower rail support can focus on 2390. KDJ continues to spread downward. The overall trend is still empty. It is recommended to continue to be empty as the main line and long as the auxiliary line. No matter what direction you choose, safety is the first and defense is done well.
Short-term reference: safety first, remember that the market is not 100%, so you must set a stop loss. Safety is the first, small losses and big profits are the goal.
2330 to 2300 below, defense 2 220 to 2250, add more positions, target 2400 to 2500, break to 2600, stop loss 50 points
2470 to 2500 above, stop loss 50 points, target 2400 to 2350, break to 2300
Specific operations are based on 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 the user
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!