11.14 Zhang Lihui: Those who follow the trend will prosper. The idea of retreating low and long under the general trend will never be wrong. Continue to wait for the outbreak of Ethereum; today's latest Ethereum (ETH) market analysis reference!
Yesterday, Lihui arranged more Ethereum in the 3120-3160 range in the article, and the target of 3290 was also reached, and more than 130 points were taken again; yesterday's article mentioned the 1-hour upper rail suppression, that is, the 3310 position, which gave a short target and a low-long layout opportunity. I don’t know how many coin friends have achieved long and short double gains. Everyone knows that Lihui is relatively stable. For the trend market, generally only one direction is made, so that the harvest can be achieved more steadily; another Lihui disdains to chase the rise and fall, and will not focus on the short-term short correction market! And the current general trend has not changed. A little bit of good news will hit a new high. In this situation, everyone should be cautious about shorting! In addition, the long positions below 3150 that were arranged yesterday are still held. You can pay attention to it. Li Hui believes that there is still room for growth, and Li Hui will not easily close every best entry point;
You can see that the Bollinger Bands in the 1-hour chart are still opening upwards, and the lower track continues to rise and approach EMA120, so the space below will not be too large. Although the current K-line has fallen again, the lower support can consider the middle track and EMA80 range, and the defensive position can be placed at the EMA120 position. The volume above the 0 axis in MACD is shrinking, and DIF and DEA are closing. Continue to observe the downward strength of the market;
The 4-hour Bollinger Bands continue to close. The current support below the K-line considers the middle track and EMA15 interval, and the defensive position for covering positions considers the EMA30 position, which coincides with the 1-hour EMA120 position; the volume below the 0 axis in MACD continues to shrink, and the closing of DIF and DEA slows down. Continue to wait for the shorts to finish before entering the market;
In summary, Li Hui believes that there is still room for longs, and it is still enough to enter the market with a retracement of low longs; the opportunity to enter the market for short orders needs to be combined with real-time market changes before entering the layout. The specific operation is subject to Li Hui's real-time notification!
Edited at 2:40 am on November 14, Beijing time: It is recommended to retreat to the 3250-3210 range and cover positions in the 3160-3140 range below, and stop loss below 3130; the target is 3320-3380-3430; if it breaks through 3440-3460, it can continue to hold above 3500;