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Coin Circle Academician: 2024.11.18 Ethereum (ETH) latest market analysis reference
Ethereum is currently priced at 3115. It is now 10:50 noon Beijing time. The box idea given yesterday was for everyone to do by themselves. Stop loss of 10 points for long at 3050 and stop loss of 10 points for short at 3150. Most people chose to wait and see. Only a few people did it. After all, it is very easy to break through the box. Rationality is a good thing after all. Although the long and short 200 points of the box yesterday were reached, the market is likely to make a U-shaped transition and hit the previous high. So try to do as little as possible to keep the chips in your hands. The weekly line closed with a negative K-line and opened at a low level. The daily K-line has been at the neckline. This week's bullish top trend pressure level focuses on 2280. If the rising trend line is not broken, you can start to consider shorting.
At present, the daily K-line has come to the EMA15 trend line support above 3000. The overall trend indicator has not yet ended its upward diffusion. The MACD top divergence has seriously reduced. The high-level contraction of DIF and DEA may form a dead cross at any time. The probability of the Bollinger band diffusion trend line returning to the middle track 2880 has increased. KDJ is spreading downward. The overall trend divergence is spreading downward. It is expected that there will be a wave of pins after stretching to end the divergence market
The four-hour K-line has returned to the EMA trend indicator. EMA15 and 30 overlap the 3115 pressure level. MACD shrinks and decreases. Both long and short positions are insufficient. At this time, the trading volume and turnover rate are decreasing. Obviously, the main force has not harvested many chips. Now there is a situation of being stuck in high-level consolidation. After the Bollinger Bands shrink, the distance between long and short positions becomes narrower. The upper track is at 3190 and the lower track is at 3010. Based on this idea, we can start to arrange long and short positions.
Short-term reference: Safety first, remember that the market is not 100% certain, so you must set a stop loss. Safety first, small losses and big profits are the goal.
Sell at 3180 to 3230 above, defense at 3270 to 3300, stop loss 50 points, target at 3100 to 3050, break at 3000 to 2950
Downside: 2900 to 2950, defense: 2850 to 2800, stop loss: 50 points, target: 3000 to 3050, break: 3100 to 3150
The specific operation is based on the real-time data of the market. For more information and details, 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 the user.
This article is exclusively contributed by the academician of the currency circle, and only represents the exclusive views of the academician. There are in-depth studies on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of article push, the above views and suggestions are not real-time, for reference only, at your own risk, please indicate the source for reprinting, and reasonably control the position when making orders, and do not operate with heavy or full positions. The academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should have been obtained fly away. There is no need to be smarter than the market in investment. When the trend comes, respond to it and follow it; when there is no trend, observe it and stay calm. It is not too late to wait for the trend to finally become clear before taking action. Tomorrow's success comes from today's choice. God rewards diligence, earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are inadvertent. Develop the habit of strictly taking stop loss and stop profit for each order. The academician of the currency circle wishes you a happy investment!
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