Cryptocurrency academician: Will Ethereum rebound after six consecutive declines on October 4? How to deal with short-selling strategies? Reference for the latest market analysis
Ethereum and Bitcoin have basically the same trend, and have been trading sideways near the support point. However, the daily K-line has gone through six consecutive negatives, causing the EMA trend indicator to turn downward, and EMA15 and 30 form a dead cross. The trend pressure level is 2511. In the short term, if you encounter the support of the 2300 integer mark, you can enter the market with a regular trial position. The target is the 2400 mark first, and then decide whether to hold after breaking the position.
The technical indicator MACD also began to shrink downward, and the DIF and DEA0 axes spread downward into polarization. Generally, after polarization occurs, the market will enter a sideways cycle until the end of differentiation. The Bollinger band is very close to the lower track support of 2240, less than 100 points, which needs to be paid attention to. KDJ goes down into the oversold zone. Although it has not entered the extreme oversold, it does not rule out the possibility of the market hitting the previous high.
The four-hour K-line shows a bottom divergence, and the EMA trend indicator spreads downward in a mesh pattern. EMA15 accelerates downward to provide key pressure for the K-line The strength level is 2425, MACD diverges and shrinks the volume and increases the stake, the Bollinger Band opens downward, the K-line leaves the lower rail support and appears in the middle of the downward channel, the lower rail support focuses on 2270, the middle rail pressure level focuses on 2475, KDJ closes, and there is a short-term bullish trend. The low-multiple idea is effective and continues to hold.
Short-term reference: safety first, remember that the market is not 100%, so you must set a good stop loss. Safety first, small losses and big profits are the goal
2330 to 2300 below, defense 2220 to 2250 to make up Long position, target 2400 to 2500, break 2600, stop loss 50 points
Short position above 2470 to 2500, stop loss 50 points, target 2400 to 2350, break 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 owner
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!
