On November 25, the short-term long position opportunity for Ethereum is here! The double top seems to be broken, and 3500 is just around the corner?
The current price of Ethereum is 3350, 6:45 am Beijing time. Let's take a look at the short-term 15-minute K-line. The descending triangle is just teasing you, don't be fooled! The K-line returns to the EMA30 neckline, which is neither up nor down. The resistance is at 3320. If it breaks here, we will enter the market with long positions, don't go short!
On the daily K-line, the double top bottom seems to be teasing us, and the previous high is almost rushing to 3500. As long as the neckline can stand, the long position will continue to hold. The EMA15 trend support is at 3170, MACD is still increasing in volume, the upper rail of the Bollinger band is supported at 3580, and the middle rail is at 3120. The overall trend is still bullish, and those short indicators are just teasing you. Find long positions at the support level, set a stop loss, run if you are wrong, and hold on to the new high if you are right!
Four-hour K-line, EMA30 support is at 3300, which is stable. MACD shrinks and increases chips, and the Bollinger Bands also shrink. The middle rail pressure is at 3360, the upper rail is at 3450, and the lower rail is at 3275 (the original text may be wrong here, I adjusted it according to the logic). The overall bulls are still bullish. After the shrinkage, the chips will be concentrated, and the main funds are quietly entering the market. Follow the trend, it's right!
Short-term operation: hold the long order at 3320, safety first! The market is not 100%, set a good stop loss, and small losses and big profits are the hard truth!
Below 3330 to 3300, defense 3250, stop loss 50 points, the target is 3400 to 3450 first, and then look at 3500 to 3550 if it breaks!
Above 3550 to 3600, if you are short, stop loss at 3650, the target is 3500 to 3450, and then look at 3400 if it breaks!
Remember, the darkest time is when the day is almost dawn. You are not alone on the road to chasing your dreams, I am here for you!
I am always protecting you. I hope my fans can achieve financial freedom in 2024! Come on!