Crypto Scientist: September 28, Ethereum from 2560 to today, is it to take profit or continue to hold? Latest trading strategy analysis!
At present, Ethereum is hovering around 2700, yesterday said that the market not only broke the previous high of 2700, today the trading trend is clear, now know the reason, the trend is very strong, should not go against, need to learn to follow the trend. At present, there is a strong possibility that strong pressure will turn into strong support, so if yesterday at 2640 and ran, did not miss a lot of space? We have a buy order at 2560, if it does not fall below 2630, we can continue to hold the buy order at 2560. Still the same saying, do not guess the top, prepare to take profit when there is a correction, do not rush to short, unless Ethereum attacks 2820 then consider shorting.
At present, the daily candlestick chart continues to attack the EMA90 trend pressure point at 2750, which was attacked once yesterday, and is expected to correct and accumulate strength below the EMA90 today. MACD is rising, after DIF and DEA ended the divergence, the two lines have stood above the zero axis, indicating that the uptrend is dominant. The upper pressure point of the Bollinger Band at 2760 coincides with the EMA90 trend line, the two large pressure indicators combine to form strong pressure, investors who want to continue to rise need to correct and accumulate enough momentum to break out.
On the four-hour chart, the bull flag pattern has reached the top, paying attention to the first trend support point EMA15 at 2660. MACD has diverged at the top and increased volume, but DIF and DEA are approaching the zero axis from above, this pattern shows that the buyer's target is not only 2820 but may be higher. KDJ is also diverging at the top and forming a downward dead cross. Whether it is a gap or a trap, it is advisable to have a sense of safety precautions. The upper Bollinger Band continues to extend and has reached 2715, the main support point to pay attention to is 2640. In summary, it is judged that the second level jump is about to end, the third level jump has begun to form. In the mindset, continue to hold long orders after adjusting the support, short orders wait for the decisive opportunity, and do not short sell for the time being.
Safety first, remember that nothing in the market is 100% certain, so it is imperative to place a stop loss order. Safety first, small losses and big profits are the goal.
During the day:
Short at 2740, stop loss 20 points, take profit 60 points
Buy at 2660, stop loss 20 points, take profit 60 points
Short term reference:
Buy from 2630 to 2650, target look at 2700 to 2750, if break look at 2810, stop loss 2600
Short from 2820 to 2850, target look at 2750 to 2700, if break look at 2650, stop loss 2880
Specifically, the operation is based on real-time market data, detailed information can be consulted from the author, the article has a delay, the recommendation is for reference only, the risk is borne by yourself.
The core of trading is survival, followed by profit, so before each transaction, think carefully whether your operation is reasonable, whether the capital is safe, need to form a separate trading mindset, continuously optimize and improve. Although the advice of cryptocurrency scientists cannot make you rich overnight, it can help you survive in the long term, only those who persist in the cryptocurrency market can achieve the results they want, hope you can understand.
I am a crypto scientist, a warrior who always protects retail investors, wish my fans to achieve financial freedom in 2024, let's work together!
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This article is provided exclusively by the cryptocurrency scientist, and represents only the scientist's exclusive views. There is in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, due to the time of publication of the article, the above views and advice are not real-time, for reference only, and the risk is borne by oneself, please clearly indicate the source, and reasonably control the trading position, and do not trade with large volumes or all capital. The scientist also hopes that investors understand that the market is always right, and if you are wrong, summarize your own problems, and do not let the profits that should have come to hand fly away. Investing does not need to be smarter than the market, when there is a trend, keep up; when there is no trend, observe and calm down. It is not too late to wait for the final trend to be clear before taking action. Tomorrow's success comes from today's choices, heaven and earth reward hard work, humanity rewards kindness, business rewards trust, karma rewards skill, art rewards heart. Gains and losses are all in unexpected moments. Form the habit of placing stop-loss and take-profit orders for each transaction, the cryptocurrency scientist wishes you happy investing!
