Coin Circle Academician: The trend of Ethereum's daily K-line on September 2 is mysterious, and the three-legged pattern is coming! Who will control the overall situation in the long-short confrontation!
Do you remember what I said yesterday that Ethereum will most likely rebound to above 2600 after hitting 2400? Although the current price of Ethereum is around 2480 before the release, it has not even broken 2500. Let's wait and see. Let's look at the market. As of 0:00 Beijing time before the release, Ethereum's daily K-line is still below the EMA trend indicator. The EMA15 fast line pressure level has reached 2588. MACD is moving downward with large volume, DIF and DEA are shrinking at low levels, and the Bollinger Bands are sideways. The K-line goes down to the lower track support of the Bollinger Bands at 2435. It is very important whether the three-legged trend can be formed. The downward diffusion trend of KDJ has not changed. The US market is closed for one day today, and the currency circle is likely to be very flat and there is no fluctuation.
The hammer pattern of the four-hour K-line has appeared. Can the next K-line break 2500 is worth paying attention to, because 2500 is just at the pressure point of EMA15 of the four-hour trend indicator, the MACD bottom divergence time is very long, and the low-level upward diffusion of DIF and DEA has been swinging between long and short positions, indicating that the long and short positions are fighting for control, and the Bollinger Bands are formed. The box pattern will only be broken if the middle rail pressure level 2510 is broken. You can make preparations for both hands.
Short-term thinking reference: The market is not 100%, so you must set a good stop loss. Safety first, small losses and big profits are the goal
Short in batches from 2600 to 2650 above, stop loss 2700, target 2530 to 2480, break to 2450
Buy from 2400 to 2420 below, Defense 2350 to 2370 to cover more positions, stop loss 2330, target 2500 to 2600, break to 2650
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 suggestions are for reference only and the risks are borne by yourself.
The fundamental of trading is survival, followed by profit. Although the suggestions of the academicians in the currency circle cannot make you rich overnight, they can always be there for you. Only those who survive in the currency circle for a long time and persist to the end can get the results they want. I hope you can understand.
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! $ETH
