Coin Circle Liying: September 29th month-end carnival! Ethereum is about to usher in a long-short battle! How to keep up with this wave of market? Latest market analysis
Article release time 2024.9.29-08:40
The weekend is still the same, sideways and rest, no fluctuations. From the price of the market, it can be seen that the current four-hour K-line pattern of the market fluctuates and oscillates in the range of 2600 to 2700, and the upward trend remains unchanged. A long positive line appeared on the 27th, breaking through the previous high, showing strong buying power. The technical indicator MACD momentum weakened. The average of DIF and DEA is high, but the MACD histogram is gradually shortened, indicating that the pressure of 2728 above Ethereum is effective
Indicator RSI14 is 58.04. At this time, Liying recommends that everyone pay attention to whether the price will rise further or pull back. The current price is above the trend EMAEMA7, and EMA7 is greater than EMA30 and greater than EMA120, so the idea is to continue to layout long positions when the support is stepped back.
Liying's comprehensive judgment: continue to be long when the support is stepped back, and go short near the previous high
Today's latest point reference:
Long point 2660, replenishment point 2620, stop loss 2600, target 2720
Short point 2700, replenishment point 2750, stop loss 2780, target 2650
Reason: At the end of the month and the weekend, Liying's idea is the same as yesterday's high consolidation. There are opportunities for both long and short positions in the consolidation market, so you can't restrict yourself too much, give yourself enough space, know how to advance and retreat, and be flexible, and consider the overall situation
The above analysis is based on the conclusions drawn by Liying based on market data and market trend analysis. It is for reference only and does not constitute investment advice. For reference by family members. In the past ten years, Liying has been exploring and experiencing hundreds of various digital assets. In this process, Liying experienced the glory of the bull market and the bleakness of the bear market. She stumbled along the way and accumulated countless valuable experiences and profound lessons. As a female trader working hard in this challenging field, Liying feels a deep responsibility to share her experience and insights, hoping to help other people with dreams find their place in this turbulent market and start their own journey to success.
