Academician of the currency circle: Ethereum has been deployed from 2560 on September 28 to today. Should we stop profit and exit or continue to hold?
Ethereum is currently hovering at the 2700 mark. Yesterday, I said that the market would not only break the previous high of 2700. Today's market trend has come out. Now you know the reason. The trend is very strong. Don't go against the trend. You must learn to follow the trend. Now there is a high probability that strong pressure will become strong support. So if you run at 2640 yesterday, you will miss a lot of space. Our long orders at 2560, if the retracement does not break 2630, then the long orders at 2560 can continue to hold. Again, don't guess the top, just be prepared for retracement and stop profit. Don't rush to short, unless Ethereum hits the 2820 mark before considering trying short orders
Currently, the daily K-line of the market is still continuing Continue to attack the EMA90 trend pressure point 2750. It hit once yesterday. It is expected to consolidate below EMA90 today. After MACD goes up, DIF and DEA end the polarization and stand on the 0 axis. Bulls dominate. Bollinger band upper rail pressure 2760 just overlaps the EMA90 trend line. The pressure of the two indicators is combined to form a strong pressure. If the main force wants to explore further, it needs to continue to consolidate and accumulate enough momentum to break through.
The four-hour K-line rising flag has reached the top. Pay attention to the first trend support point of EMA15 at 2660 after stepping back on the support. MACD top diverges and increases the volume, but The DIF and DEA high positions approaching the 0 axis downwards, which forcefully raises the bottom, indicates that the long target is not only 2820, but there is a high possibility of a higher target. KDJ also diverges downwards from the top to form a dead cross. Whether it is a vacuum or a trap, there should be a sense of safety precautions. The upper rail of the Bollinger Band continues to stretch to 2715. The medium-level support point focuses on 2640. Comprehensively judging that the second-level jump is about to end, and the third-level jump has begun to take shape. The idea is still to step back on the support and then arrange more. Short orders will be decided when the time comes. Do not short for the time being.
Intraday:
2740 short, stop loss 20 points, take profit 60 points
2660 long, stop Loss 20 points, take profit 60 points
Short-term reference:
Buy from 2630 to 2650 below, target 2700 to 2750, break to 2810, stop loss 2600
Short from 2820 to 2850 above, target 2750 to 2700, break to 2650, stop loss 2880
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