Academician of the Coin Circle: The big reveal of Ethereum market on September 18: bottom divergence, the future is bright! Reference for the latest market analysis
The current price of Ethereum is 2325. It is now 10:30 noon Beijing time. The daily K-line of Ethereum is currently below the EMA trend indicator. The K-line is currently below the EMA15 resistance level of 2375. The next resistance point is at the EMA30 pressure level of 2460. The MACD bottom divergence trend continues. DIF and DEA spread upward from low levels and begin to increase in volume. The Bollinger Bands shrink. The K-line is currently blocked by the middle track 2380. KDJ spreads downward. The overall trend has strong downward resistance and more room for bulls. The four-hour K-line broke the EMA120 trend indicator once and now returns to below the EMA. MACD rises in volume, but the K-line diverges downward. The two diverge in trend. The opening spreads and the K-line falls below the middle track 2340. KDJ shrinks downward. Now focus on the neckline support point of 2300. As long as it does not break and goes sideways at the neckline for a while, there is a high probability that it will stretch and break the previous high. The idea is to focus on low and long.
Reference for short-term ideas: safety first, remember that the market is not 100%, so you must bring a good stop loss safety First, small losses and big profits are the goal
2300 to 2270 long below, defense 2200 to 2230 to cover long positions, stop loss 50 points, target 3380 to 2430, break 2500 to 2530,
2500 to 2530 short above, target 2450 to 2400, break 2350 to 2300, stop loss 50 points
Specific operations are based on real-time market data. 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 the user
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