Academician of the currency circle: Ethereum's golden moment on October 7: How to move forward steadily in a high-level sideways market! Latest market analysis reference
The current price of Ethereum is 2443. It is now 2 a.m. Beijing time. It is almost the same as what I said before. After breaking the key pressure level, it will step back to the neckline without breaking. Continue to hold. From 2300 to now 2440, it has exceeded 140 points. You can leave the market at any time, but don't be anxious. The upper space has not been completed. Don't always guess the top, and don't always want to stop profit at the highest point. Just take the bag at the retracement point. As long as the profit runs, the rest will be left to time to wait.
Looking at the current market, the daily K line continues to break the previous high, reaching a high of 2 460, very close to the upper EMA15 trend pressure level of 2485, whether it can break through 2500 is still unknown, MACD shrinks and increases, DIF and DEA shrink at the 0 axis, the market enters polarization, and a high-level sideways trend appears. This is a typical oscillating upward trend. The Bollinger band mid-regular pressure level focuses on 2525, and the lower track support focuses on 2285. KDJ shrinks and has a golden cross trend. If the pressure level breaks through the key pressure level of 2500, it can continue to hold
The four small K lines just broke the EMA30 pressure level of 2438, and hit the next resistance from EMA30 Click EMA60 to see if it can stand firm on EMA30. After all, MACD continues to increase in volume, the turnover rate is very high, and the trading volume is also increasing. In addition, DIF and DEA begin to spread upward from the bottom of the 0 axis. This upward channel is a bit slow, but it is relatively stable and needs time. Therefore, longs continue to hold and wait until the key resistance point to consider shorting. For the time being, the main focus is on long positions.
Short-term reference: safety first, remember that the market is not 100%, so you must bring a good stop loss. Safety first, small losses and big profits are the goal.
Lower 2390 to 2360 , defend 2300 to cover long positions, target 2400 to 2500, break to 2600, stop loss 50 points
Short above 2500 to 2520, defend 2570 to cover short positions, target 2400 to 2350, break to 2300, stop loss 50 points
Specific operations are based on 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
I am an academician of the currency circle, a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on!
