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Ethereum ETH bottoms out and is about to surge
Analysis of ETH's large-scale trend in October
Hello everyone, I’m Guitar. Today we’re going to talk mainly about the macro-market of ETH and share my personal views for reference only!
Old fans who follow me know that last October we did two rounds of large-scale spot market on ETH at 1500~2300 and 2200~3500, which are recorded in the picture.
In May this year, I was also one of the first bloggers to look from 3800 to 2100. As shown in the picture, I will share my personal spot logic. You can focus on the key support of 2100 on the weekly line.
First, let's look at the ETH weekly chart. As shown in the figure below, we can see that there has been a key weekly support line since 22 years ago. Everyone knows that the pressure level will turn into support after it is broken. So we arranged a round of spot at the key support level of 1500 in October last year. After the breakthrough of round A and the bottoming of round B, we arranged a second round of spot, which led to a new round of rising market C. This is probably the logic of the spot layout of 1500~3500 last year.
Hello everyone, I’m Guitar. Today we’re going to talk mainly about the macro-market of ETH and share my personal views for reference only!
Old fans who follow me know that last October we did two rounds of large-scale spot market on ETH at 1500~2300 and 2200~3500, which are recorded in the picture.
In May this year, I was also one of the first bloggers to look from 3800 to 2100. As shown in the picture, I will share my personal spot logic. You can focus on the key support of 2100 on the weekly line.
First, let's look at the ETH weekly chart. As shown in the figure below, we can see that there has been a key weekly support line since 22 years ago. Everyone knows that the pressure level will turn into support after it is broken. So we arranged a round of spot at the key support level of 1500 in October last year. After the breakthrough of round A and the bottoming of round B, we arranged a second round of spot, which led to a new round of rising market C. This is probably the logic of the spot layout of 1500~3500 last year.
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The second investigation has given an opportunity, family, the first target is 4.3, layout 6$MASK
Precise needle on the daily chart level, can it take off this time...$MASK
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It should basically be stable, long-term target 6😂$MASK
Precise needle on the daily chart level, can it take off this time...$MASK
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It is estimated that it will be turbulent for a while.
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Precise needle on the daily chart level, can it take off this time...$MASK
Is the Old Horse named token MASK about to take off?
Market analysis on October 27.
Hello everyone, I am Guitar. Today we analyze a token named after Old Horse.
This token is basically fully circulating, with a total supply of only 100 million. Currently, the market value is only over 200 million, so the technical aspect still has certain reference value.
1. As shown in the chart (P1), this is the three-day chart of Mask. We can see that the price continues to make new lows, while the MACD momentum indicator's energy bars are rising, indicating that the trend is beginning to strengthen and is likely to stop falling. We also call this a bottom divergence.
2. In August, the price broke below 2, but quickly recovered and continued to stay above 2. We also call this a head and shoulders bottom structure, and currently, it is just at the second buy point of the head and shoulders bottom. Generally, the win rate for going long in this structure is relatively high.
Hello everyone, I am Guitar. Today we analyze a token named after Old Horse.
This token is basically fully circulating, with a total supply of only 100 million. Currently, the market value is only over 200 million, so the technical aspect still has certain reference value.
1. As shown in the chart (P1), this is the three-day chart of Mask. We can see that the price continues to make new lows, while the MACD momentum indicator's energy bars are rising, indicating that the trend is beginning to strengthen and is likely to stop falling. We also call this a bottom divergence.
2. In August, the price broke below 2, but quickly recovered and continued to stay above 2. We also call this a head and shoulders bottom structure, and currently, it is just at the second buy point of the head and shoulders bottom. Generally, the win rate for going long in this structure is relatively high.
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Received a daily level needle, planning to hold for the long term, hoping to catch a big wave 😂$MASK
Is the Old Horse named token MASK about to take off?
Market analysis on October 27.
Hello everyone, I am Guitar. Today we analyze a token named after Old Horse.
This token is basically fully circulating, with a total supply of only 100 million. Currently, the market value is only over 200 million, so the technical aspect still has certain reference value.
1. As shown in the chart (P1), this is the three-day chart of Mask. We can see that the price continues to make new lows, while the MACD momentum indicator's energy bars are rising, indicating that the trend is beginning to strengthen and is likely to stop falling. We also call this a bottom divergence.
2. In August, the price broke below 2, but quickly recovered and continued to stay above 2. We also call this a head and shoulders bottom structure, and currently, it is just at the second buy point of the head and shoulders bottom. Generally, the win rate for going long in this structure is relatively high.
Hello everyone, I am Guitar. Today we analyze a token named after Old Horse.
This token is basically fully circulating, with a total supply of only 100 million. Currently, the market value is only over 200 million, so the technical aspect still has certain reference value.
1. As shown in the chart (P1), this is the three-day chart of Mask. We can see that the price continues to make new lows, while the MACD momentum indicator's energy bars are rising, indicating that the trend is beginning to strengthen and is likely to stop falling. We also call this a bottom divergence.
2. In August, the price broke below 2, but quickly recovered and continued to stay above 2. We also call this a head and shoulders bottom structure, and currently, it is just at the second buy point of the head and shoulders bottom. Generally, the win rate for going long in this structure is relatively high.
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After holding for so long, it has finally taken off, target 139, breakthrough and stability look at 170, there are also several other currencies on the homepage that are ready to take off $LTC
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Precise needle insertion successfully achieved profit, just right to pull back and break the key point 36, has entered a critical period of long and short game again, let's期待一下！😂$ORDI
ORDI Order Strategy Sharing (12.12)
As shown in the chart, ORDI historically has tested the key level of 36 multiple times, and the current hourly chart has once again risen above this key level. The probability of a bullish outcome in this scenario is quite high, looking forward to a round of catch-up.
Therefore, plan to place long orders when it retraces to around 36 without breaking below it, with a target towards 43.8, and the pattern looks towards the Fibonacci 1.618 resistance level near 66. $ORDI
As shown in the chart, ORDI historically has tested the key level of 36 multiple times, and the current hourly chart has once again risen above this key level. The probability of a bullish outcome in this scenario is quite high, looking forward to a round of catch-up.
Therefore, plan to place long orders when it retraces to around 36 without breaking below it, with a target towards 43.8, and the pattern looks towards the Fibonacci 1.618 resistance level near 66. $ORDI
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Up and down, up and down, and then a waterfall, right? Just wash it, wash it, as long as you don't hit me, I'm fine 😂$ETH
This time we won't ramble on! The daily chart shows a double top structure, BTC is looking directly down at 98300, 94400, ETH is looking down at 3780, 3680, the pattern is 3260, set the stop loss at the historical high, hold patiently for the medium to long term! $BTC $ETH
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Many altcoins have retraced to support levels, so is the altcoin season coming?
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ORDI Order Strategy Sharing (12.12)
As shown in the chart, ORDI historically has tested the key level of 36 multiple times, and the current hourly chart has once again risen above this key level. The probability of a bullish outcome in this scenario is quite high, looking forward to a round of catch-up.
Therefore, plan to place long orders when it retraces to around 36 without breaking below it, with a target towards 43.8, and the pattern looks towards the Fibonacci 1.618 resistance level near 66. $ORDI
As shown in the chart, ORDI historically has tested the key level of 36 multiple times, and the current hourly chart has once again risen above this key level. The probability of a bullish outcome in this scenario is quite high, looking forward to a round of catch-up.
Therefore, plan to place long orders when it retraces to around 36 without breaking below it, with a target towards 43.8, and the pattern looks towards the Fibonacci 1.618 resistance level near 66. $ORDI
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I can't believe it, family, just hit a 20% drop, though late, it has arrived, there may soon be a new long-term opportunity, let's wait and see! 😎$MASK
There's no time to explain, family, target 3.22, stop loss 4.5, profit-loss ratio 1:5, about 20% profit, this is relatively aggressive, it's expected to reach 6 on the daily line, so those who prefer stability should patiently hold the spot $MASK .
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My friends, Ethereum just hit the first support around 3862. If you have bought it, you can take advantage of the rebound and sell it. Wait for it to stabilize and give new conditions. $ETH
ETH Order Strategy Sharing (12.9)
Hello everyone, I am Guitar. After a recent round of liquidation due to a spike, I believe the market is likely to be in a consolidation phase going forward. In the face of a consolidation market, the key is to identify support and resistance levels to sell high and buy low. As shown in the figure, based on Fibonacci measurement, the key resistance level above is around 4145, while the support levels below are 3862, and the range of 3786 - 3766.
Therefore, in future operations, the high short strategy can be arranged around 4145, while the low long strategy can be arranged at 3862 and within the 3786 - 3766 range. Remember to maintain good defense!
This is the content of this sharing session, I hope it helps everyone. Thank you for the recognition and attention from all the brothers! $ETH
Hello everyone, I am Guitar. After a recent round of liquidation due to a spike, I believe the market is likely to be in a consolidation phase going forward. In the face of a consolidation market, the key is to identify support and resistance levels to sell high and buy low. As shown in the figure, based on Fibonacci measurement, the key resistance level above is around 4145, while the support levels below are 3862, and the range of 3786 - 3766.
Therefore, in future operations, the high short strategy can be arranged around 4145, while the low long strategy can be arranged at 3862 and within the 3786 - 3766 range. Remember to maintain good defense!
This is the content of this sharing session, I hope it helps everyone. Thank you for the recognition and attention from all the brothers! $ETH
See original
ETH Order Strategy Sharing (12.9)
Hello everyone, I am Guitar. After a recent round of liquidation due to a spike, I believe the market is likely to be in a consolidation phase going forward. In the face of a consolidation market, the key is to identify support and resistance levels to sell high and buy low. As shown in the figure, based on Fibonacci measurement, the key resistance level above is around 4145, while the support levels below are 3862, and the range of 3786 - 3766.
Therefore, in future operations, the high short strategy can be arranged around 4145, while the low long strategy can be arranged at 3862 and within the 3786 - 3766 range. Remember to maintain good defense!
This is the content of this sharing session, I hope it helps everyone. Thank you for the recognition and attention from all the brothers! $ETH
Hello everyone, I am Guitar. After a recent round of liquidation due to a spike, I believe the market is likely to be in a consolidation phase going forward. In the face of a consolidation market, the key is to identify support and resistance levels to sell high and buy low. As shown in the figure, based on Fibonacci measurement, the key resistance level above is around 4145, while the support levels below are 3862, and the range of 3786 - 3766.
Therefore, in future operations, the high short strategy can be arranged around 4145, while the low long strategy can be arranged at 3862 and within the 3786 - 3766 range. Remember to maintain good defense!
This is the content of this sharing session, I hope it helps everyone. Thank you for the recognition and attention from all the brothers! $ETH