24.11.29 Early Market Analysis of Ethereum
[Market Review]
The market continues to fluctuate, this market is only suitable for short positions or small bands!
Don't think about eating the big meat of the pattern order, this kind of fluctuation may continue for another week, the earliest is next week, which is the monthly K line of December.
Later, we have to wait until next week to fluctuate for a week before the direction will be revealed.
There may be big fluctuations at the beginning of December. If we can get a needle, it will be the best entry point for us to go long at a low price.
At present, the market is still fluctuating around the 96000-95000 range, which is a tightening narrow fluctuation.
There is no fluctuation, and there is nothing to do in the market. It is tasteless to eat and a pity to abandon it. I plan to start shorting today.
The fluctuation of Ethereum is a little bigger, but the trend is not friendly, it will rise and fall at the same time.
Newbies should not grasp this band, it is easy to be buried.
[Early Trading Analysis + Operation Sharing of Big Cake]
Last night, the highest pin hit 963, and in the early morning it hit 947 again, and it fluctuated up and down.
So if there are brothers who want to do swing trading, you can do it like this:
Do low-long and high-altitude swing trading near 947-962,
For example, if you buy more near 95-948, the stop loss will be 2-300 points if the previous low breaks 947
For example, the high-altitude is at 959-96, and the stop loss will be the previous high.
Take profit after eating about 500 points of the swing trading.
There is nothing else to say, just wait for the direction to be chosen!
[Early Trading Analysis of Ethereum]
There is nothing to say about Ethereum. Recently, it is still mainly grinding and fluctuating. Wash out the unsteady chips, and the general direction is still rising.
The recent trend is quite disgusting, so careful friends will find that I haven't given Ethereum operations for a long time.
The operation is very difficult and disgusting. It can't go up or down. So I won't take you to play.
The upper pressure level moves down: 3608.8-3655
The lower support level moves down: 3530-3507.2
The highs are getting lower and lower, and the lows are getting lower and lower. The probability of a wave of callback is high