11.15 Ethereum market analysis

Ethereum has been on a downward trend since the high point of 3449. Many people originally expected that Ethereum would at least rise to around 3500 or 3600. In its price chart, there is a hump-like convex shape, which is actually a signal that the downward trend has begun to counterattack. From this, it can be judged that some long orders in the 3250-3350 range are trapped on this small peak. The current situation feels that this group of people will have the opportunity to get out of the trap, or it is one step closer to getting out of the trap.

Generally speaking, if we make a trend order, we mainly judge the trend of this week based on the 4-hour chart, the daily K-line, and the jump of the weekly K-line. If you are doing intraday short-term operations, there is no need to refer to large indicators such as the daily K-line. Basically, it is enough to combine the 10-minute, 30-minute, 1-hour and 4-hour line charts.

For the KJD indicator, pay attention to the value of each line and their intersection, especially the J line above, which can be regarded as a direction determination line. Basically, as long as the J value is greater than 90 and lasts for more than a few days, the current price of this coin may be at a short-term top. On the contrary, if this line is at the bottom and below 10, it can be used as a reference for the short-term bottom.

It is recommended to enter the market in the 3030-3055 range, with a target position around 3100-3130. It should be operated flexibly according to the actual situation, and remember to set a stop loss! #新币挖矿&盘前交易USUAL #美国零售销售数据即将公布 #XRP短线上扬 #新币挖矿你参加了吗？

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