11.27 Zhang Lihui: Ethereum market analysis and operation suggestions:
The Bollinger Bands channel on the 1-hour chart is downward, and the current upper band shows signs of slowing down and turning. After the fast and slow lines formed a death cross yesterday, there is a larger retracement space. The K-line formed a rebound after dipping below the MA220 twice, so short-term support can be considered at this point. Defensive positions can be looked at the overlap of MA300 and MA380 below; for resistance at the top, consider the MA30, MA60, and MA120 three lines; in the MACD, the volume below the zero line is decreasing, and the fast and slow lines are converging for the second time. Continue to watch for K-line stabilization before entering long positions;
The Bollinger Bands channel opens upward for 4 hours, and the upper band continues to rise without change, indicating that there is still space above; we can see that the K-line is forming a rebound at the MA60 level; the rapid upward movement of the MA120 below can also be considered as a defensive position; the fast line is slowing down and is about to form a convergence, we will continue to watch if the current 4-hour chart can stabilize and rebound;
The daily Bollinger Bands continue to open upward, and the K-line is rebounding at the middle band position, indicating strong support here; the EMA moving average has successfully crossed above 180; EMA120 is just a few points away from crossing; a complete bullish arrangement is about to form; the fast and slow lines are at a critical time, and Lihui believes the possibility of a rebound is quite large, and this round of pullback may be the recent low;
In summary, Lihui believes that the bullish sentiment for Ethereum continues to exist, and the short position pullback maintains a focus on low long positions while waiting for the bullish outbreak;
Beijing Time, November 27, 4:38 AM, Editor: It is recommended to enter lightly below 3300 during the pullback, leaving a reserve in the 3200-3180 range for additional purchases; stop-loss below 3150; target at 3340-3390, and continue to hold if breaking above 3400-3430; pay attention to the entry point for short positions and follow my real-time guidance!
There is a delay in article review and push notifications; the market changes rapidly, and specific entry opportunities must be combined with real-time operations, based on real-time notifications. The suggested points in the article are for reference only; do not operate with heavy positions. Please ensure to set take-profit and stop-loss when entering; take profits when you see good results!
I, Lihui, interpret world economic news and analyze the global cryptocurrency trends. During my study in the United States, I conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other currencies. I welcome comments and messages from friends who are not familiar with trading!
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