5.25 Coin Circle Academician Layouts Ethereum's Latest Market: Bullish Trend Mainly, Retracement Can Be Layouted Without Breaking Support
... 0, defend 3600, the bullish trend is still there, you can think of low and long as the main, supplemented by high and short
Let's look at the four-hour trend. After the last round of highs to 3950, the EMA trend indicator began to rise unchanged, and the K line also stood on the EMA15 fast line. KDJ went back and forth to wash the plate and began to form a golden cross trend. MACD began to shrink and increase funds continuously from 3650 to the current 3760. In the short term, the idle was blocked by the golden section line 0.618 pressure level 3760. You can pay attention to the pressure at this position. The Bollinger band narrowed and the K line also stopped at the middle track 3760. Whether it can stand up in one fell swoop is very critical. , if it breaks above, it will probably consolidate above 3800. The overall trend is mainly bullish, so if the support is not broken, you can arrange it.
Short-term ideas reference:
The entry point for long positions is 3640 to 3660, and the first exit point refers to the pressure level of 3750 to 3770. If it breaks, it will leave the market at the second exit point of 3830 to 3850, and the stop loss is 3600
The entry point for short positions is 3810 to 3830, and the first exit point refers to 3750 to 3730. If it breaks, it will see the support of the second exit point of 3670 to 3640, and the stop loss is 3860
The specific operation is based on the 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 user.
As a senior person in the currency circle, I have been committed to providing you with useful suggestions. I hope you can avoid detours and mistakes in this market. Although I have been trying my best to persuade you, you still need to explore the road of investment by yourself. Learning never ends, and the experience you gain is the real wealth!
There is no need to over-demonstrate your strength. The key is to get more people's recognition. On the road of investment, it is more important to do your best than to prove your strength to others. You will know whether it is a mule or a horse by taking it out for a walk.
I am an academician in the currency circle, a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on!
