alert! 5.30 The latest market forecast of Ethereum by the academician of the currency circle hides mysteries, so be careful to take precautions
Let's review yesterday's market first. Ethereum is shorted near 3850. The idea given in the article is to target 3750 and take 100 points of space. The overall trend is perfect as expected. Let's look at today's market. As of press time, the current price of Ethereum is around 3750. The daily K-line has a very long negative line to bottom out at 3750 support. The EMA trend is still bullish at present. The EMA15 fast line has reached around 3600. The K-line still has a short to go. Before that, it can be mainly high-altitude. MACD is moving downward with large volume, DIF and DEA are closing down at high levels, and the Bollinger band opening K-line begins to fall back. The Bollinger band medium-regular support has reached around 3400, and the upper rail pressure level has reached 4185. The consolidation space has become larger, and KDJ has begun to spread in an alternating downward formation. The bearish sentiment is strong.
The four-hour K-line has fallen into the EMA trend indicator, EMA15 has begun to fall back, and the support has become pressure. Pay attention to the pressure near 3800. KDJ is blocked at 37 50, the lower track support of the Bollinger Bands came to 3745. After the MACD volume shrunk and went down, the DIF passed the 0 axis. In the short term, the support near 3750 below is effective. You can start to arrange short-term long positions, but the space is limited. The upper resistance is near 3830. The idea is to go short first and long second.
Short-term ideas reference:
Long entry point layout in the range of 3700 to 3710, defense 3650 to 3630 to cover long positions, stop loss 3600, exit point reference 3750 to 3770, second exit Points 3820 to 3840 range
Short entry point 3830 to 3840 range layout short, stop loss 30 points, exit target reference 3750 to 3730, the second target is 3660 to 3630 range,
Specific operations are based on real-time data of the market. For more information, please contact the author. There is a delay in the release of the article. The suggestion is for reference only and the risk is 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!
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