$ETH should have ended its oversold rebound at present. The attempt to break through the middle line of the Bollinger channel in the daily chart also failed. Then continue to explore downwards. Can we make a double bottom near 3240? Or directly go to the color line I drew to get liquidity, about 3050, which is the best position to open a long position I mentioned before. That big positive line rose too fast. From the daily chart, it seems that the consolidation zone is 3050~3650. In addition, there are too many news this week, which makes trading more difficult. I will continue to wait and see.
$ETH is still in a downward channel at the 4-hour level, with the previous high at 3624. Unless ETH can break the new high of 3624 this time and enter the long position when a higher high callback is formed, it is still determined not to chase the long position! It can only be regarded as a continued rebound after an oversold situation, not a reversal.
$ETH What should I say? I have closed my long Ether position. On a normal Sunday, Shanzhai is usually home, but there was no movement in Queshi. Moreover, on the daily chart of Ether, the highs are slowly making new lows, and the lows are also slowly making new lows. Trading also became difficult. Then it is better not to do it now than to be patient! I think there is a high chance that it will reach the EMA200 position again, around 3050. It is also possible that the EMA200 will falsely fall below and then recover above the EMA200!
Then I will also wait until 3050 to open a long order to see if there is a chance. Or when the high point no longer makes a new low, but starts to make a new high, then I will post a small-level correction and tell you where to place more orders.
At present, it doesn't feel good to me, because every time I feel like this, I will definitely lose money when I open a long order. I don’t know if it’s because of my intuition from experience or what, but I won’t place any orders now. 😅😂😂
If $ETH really falls to 3200~3250, I should stick to my opinion. If it falls to 0.618 and the price is retracted, I think ETH has fallen to the right level and it is time to buy it bravely. Prepare for the ETF spot speculation in July. Let's see if 4000 can be broken through. Personally, I will stop profit and close the position when I see 5000.
$ETH was originally expected to fall to 3250~3300, but it was expected to form a double bottom near 3360, and then a positive line appeared. So this time it may have stopped falling. We can buy now. The stop loss is about 20~30 points below EMA200.
Next, you can arrange Ethereum-related currencies. If Ethereum rises too much, these currencies will rise the most.
$ETH Note that the Bollinger channel midline is not going up and it is going to go down again. MACD is close to the 0 axis and the rebound is very weak. It will test the price of 3360 again. If it falls below 3360, it will hit 3260. This wave may be the last wave of killing. Those with funds should buy bravely at 3260. Almost everyone on the bus will be killed.
$ETH Is anyone in a hurry to open more? A small rebound after a sharp drop, 15 minutes to the middle line of the Bollinger channel, there will be another sharp drop without an effective breakthrough, unless the second step on 3360 to form a double bottom, otherwise continue to wait and see. MACD is below the 0 axis, and it will take one to two days to repair.
$ETH Not long after posting, it immediately dropped 100 points, killing the bulls in despair. A large-scale decline occurred in 1 hour! Don't take the knife! The V-turn pattern on Saturday and Sunday has been destroyed! I believe that the support level of 3390~3400 will not hold! Pay attention to the position of 3250~3260! You can place an order here, but it is not recommended to take the knife and open long at present!
$SOL SOL is the best performing altcoin in this bull market. It is likely to continue to rise sharply in the future. However, due to the drag of Bitcoin and 2 Bitcoin, it has the opportunity to fall to the daily EMA200 position, that is, the price of around 130. At that time, pay attention to whether there is a pin withdrawal. If the daily K line withdraws above 130, you can buy boldly.
Although $ETH rebounded at 3480 0.618 in the evening, it did not reach a new high of 3653. The daily chart has been engulfed by Yin K. Those who bought long orders yesterday have been completely trapped, and the risk of buying long orders will continue today. At present, it depends on whether the 0.5 position on the daily chart can be sustained. If it cannot be sustained, it will go directly to the 3255 0.618 position on the daily chart. If it really reaches this position, I will go all in and buy it immediately. Friends with short positions are not in a hurry, while friends with holding positions continue to reduce positions and reduce costs.
$CHZ: It has fallen below 0.095. The daily M-top pattern has been completed. In the weekly chart, the Fibola indicator from low to high has officially fallen below 0.618! Then it will continue to fall to the 1.618 position! I had to switch to the monthly chart to see the price of 1.618, but it turned out to be 0.0340! I go! This guy is really bottomless!
Moreover, the monthly line is currently engulfed by Yin K! Cut quickly! Don't buy it! Don't hold it! Watch it continue to fall! If it really drops to 0.034, I will consider buying it. It’s over. Fan Tokens are a scam!
$BTC $ETH Only these two coins can survive this year's bull market. Bitcoin and Ethereum didn't fall much, but a lot of other coins fell sharply, and some even couldn't get up again, sleeping in the abyss. I also bought a lot of altcoins before, and all of them were lost. It would be better to buy Ethereum or Bitcoin. Although I can't make much money compared to altcoins, at least I won't lose that much😂😂😂
Hold some altcoins, if the increase can't even beat Bitcoin and Ethereum, it's time to give up stop loss
$Doge daily chart is near the EMA200 trend line again. Let's see if it can hold in the next few days. If it falls below, then we'll see at 0.1.
It depends on whether this big dealer will make trouble. At present, the big cake and the second cake are in a correction. If the dog continues to pull back, it will be really bad.
$ETH mentioned in the morning that everyone should not chase the bulls with FOMO, because the 1-hour double top has been formed, and it seems that the bulls are currently exploding. The daily chart is currently in a engulfing state of Yin K, and the 4-hour EMA200 has also been officially broken. Pay attention to the Fib 0.618 position, which is around 3480. If it falls below, it is likely to go to 1.618, which is around 3180~3200.
At present, it seems that we should continue to wait and see, and it is not suitable to do long now. If you are currently holding a position, you can reduce the position to reduce the cost of liquidation. Just wait until the 3200~3250 position before adding a position.
$CHZ lived up to expectations, congratulations to our sports sector leader for breaking below 0.1, adding a zero 😂😂😂
Big dealers/whales kept hoarding coins as early as 2019, when it was less than 0.01 1, what does this prove? Damn, even if it hit 0.01, they still made money, who dares to take over this thing?
The highs in the monthly chart keep hitting new lows, and the lows are also constantly hitting new lows. Who knows where the bottom is!
$ETH has a double top in the 1-hour chart. Don't chase it with fomo. The high point has not reached a new high. And past experience shows that Monday and Tuesday also opened well. I personally estimate that it will return to around 3350, and it will not be too late to buy then.
Although it is above EMA200 in the short term, it may be a false breakthrough, and the bottom structure has not been formed. I personally think that the possibility of further rise is low, and it may pull back in the short term.
I believe there are still many people who are reluctant to sell CHZ, but they really have to. Look at BTC and ETH, it is a bull market now, see if their daily EMA200 has fallen below, this is the bull-bear conversion point of the long-term trend line!
Look at CHZ again, I saw it before that it did not fall below EMA200 even if it fell, it is worth buying. But in the past few days, it has officially fallen below the daily EMA200 trend line! Basically, there is no hope, even if it rises sharply, it will have to go sideways for at least 1 month to form a bottom. I posted a post this morning showing the potential M top, once it falls below 0.095, it will be gone. It is better to buy some currencies that have not fallen below the daily EMA200, at least it is better than this!
I have already cut my position. It is not too late to cut now. Do you really have to wait until it falls below 0.07 before cutting? The bull market is precious. There is no need to cling to one coin.
#chz$CHZ #chz Potential M top, if it falls below 0.095, you don’t have to play anymore, just go to 0.07, owning CHZ will miss the whole bull market, buying MEME is better than buying this, I am convinced 😂😂😂😂