Cryptocurrency Scholar: Faith and Trends of Ethereum on December 18, How to Survive Stably in the Market?
Current price of Ethereum is 3940, influenced by news that the capital's current focus is on Bitcoin, and temporarily the second coin is in a cold phase. However, the Wang family is significantly bottom-fishing the second coin, which is solid on-chain data. So don't doubt your judgment, stay firm in your beliefs, keep your original intention, and following the trend will never be wrong. Although I entered at 3900 yesterday and took profits at 4020, it does not affect our original intention; just patiently wait as this market is never short of opportunities. So protect the chips in hand and focus on survival.
Daily K-line highest 4040, lowest 3914, with a clear short-term pullback. Remember a saying I often mention, under the condition that the large trend remains unchanged, treat all pullbacks as traps for shorting. The end of the pullback is the opportunity. The EMA15 trend fast line support has come to 3830, and EMA30 is still at 3645. Pay close attention to these two levels. After MACD decreases in volume, DIF and DEA are still trading sideways at high levels, and the Bollinger Bands are similarly expanding upwards. The upward channel of the Bollinger Bands shows that the main force is adjusting between the upper track of 4100 and the middle track of 3800.
The four-hour K-line is blocked at the rising trend line resistance of 4100, starting to fall below the symmetrical triangle trend indicator, which has returned to the EMA30 support point of 3930. Focus on the next support point EMA60 and the key support of 3830. MACD has started to decrease in volume, and DIF and DEA have formed a death cross. Currently, at the key support point of 3900, it depends on whether the main force will continue to adjust downwards, as 3900 can no longer be used as the first entry point. Aggressive investors can try a long position, but conservative investors are advised to wait for further bottoming before considering an entry point.
Short-term reference: Safety first. Remember that the market does not have a 100% guarantee, so always set a stop-loss; safety first, small losses, and big gains are the goal.
Shorting trial entry point 4050 to 4100, with a stop-loss at 4150, risking 50 points, with a target looking at 4000 to 3950, and breaking down looking at 3900 to 3850.
Going long trial entry point 3830 to 3780, with a stop-loss at 3740, risking 50 points, with a target looking at 3950 to 4000, and breaking up looking at 4050 to 4100.
I am a cryptocurrency scholar, a warrior who has always protected the retail investors. I wish my fans achieve financial freedom in 2024, let's work hard together! $ETH #以太坊行情分析 #ETH合约波段