5.20 Coin Circle Academician Reveals Ethereum: The Latest Investment Strategies and Trading Skills, Let You Take Less Detours and Ride the Wind and Waves
In the previous article, I said that after the main force stretched to 3100, there will be a wave of callbacks. The reason is very simple. Just like when we eat, we take a break after eating, and then digest. The callback can be at least around 3050. So the callback is the process of digestion. So I have been emphasizing not to chase more above 6130, don’t chase more, wait for opportunities, learn to wait for opportunities with empty positions, and don’t overdraw transactions.
Let’s look at the market. It’s more than two o’clock in the morning. The current price of Ethereum is around 3070. The highest point of the daily K line is around 3140. The lowest point has fallen below 3060. Is it the same as the prediction in the previous article? It is the conscientious development of the market. The K line has been two consecutive The daily EMA60 trend indicator was blocked at 3130, and the EMA15 support point began to pull back. You can pay attention to the vicinity of 3035. MACD continued to increase in volume, and DIF and DEA spread upward from low positions. The trend remained unchanged. KDJ was blocked at 3130 and began to fall back. After the Bollinger Bands closed, the K-line was blocked by the upper rail pressure level and stepped back. Pay attention to the support point of 3115 below. A short-selling appeared in the idea of defending 2860.
The four-hour K-line continued to rise and was blocked at 3140. After that, it began to fall back to the EMA trend indicator. It is currently standing near the EMA150 support of 3060. The overall EMA In the alternating phase of the upward trend, it is expected that the K-line will stretch after stepping back, but MACD has started to fall since the K-line broke through the 3120 ascending triangle support level, DIF and DEA also formed a dead cross downward, and KDJ has not yet ended its downward diffusion. In addition, the Bollinger Bands medium-term support of 3070 has been broken once, so it is necessary to test below 3060 before a clear indicator appears before entering the market. Wait for the opportunity to see whether the four-hour K-line will step back to the lowest level of the EMA trend indicator, which is around 3030.
Specific operation ideas are as follows:
The entry point for long positions focuses on the range from 3030 to 3050 Layout, defend the 2980 to 2970 range to cover long positions, stop loss at 2940, exit target reference 3120 to 3140 range, break continue to look at 3220 to 3250 trend exchange point to exit,
Short entry point reference 3130 to 3150 range, if not broken, stop loss closer to 3180, break the previous high and exit with a small loss, short-term layout exit target reference 3070 to 3050 range, break look at the 3000 integer mark near the fall zone, according to the previous trend, the main force will repeatedly wear people's mentality near the 3000 mark, so you can leave here and wait and see, waiting for the right time to enter the market again
The specific operation is based on the 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.
As a senior person in the currency circle, I have been committed to providing useful suggestions for everyone. I hope that everyone will take fewer detours and make fewer wrong orders in this market. Although I am sincere, the road of investment still needs to be explored by yourself. Learning is endless, and the experience learned is the real wealth!
There is no need to over-display your strength. The key is to get more people's recognition. On the road of investment, it is more important to do yourself well than to prove your strength to others. Whether it is a mule or a horse, you will know it by pulling it out for a walk.
I am an academician of the currency circle and a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on!
