Cryptocurrency academician: Ethereum fell from 2660 to 2400 on October 2! Successful risk avoidance? Analysis of the latest market conditions and reference suggestions
For two consecutive days, I have been long at the 2600 mark. I ran away after it fell below the premise for two consecutive days. Fortunately, my sense of smell was sensitive enough. The long position failed twice in a row. It can be seen that the daily K-line fell from 2660 to 2400 yesterday, which can be regarded as a small area of liquidation. It is very powerful to avoid liquidation at this time. You must have a sense of safety precautions. Only in this way can you avoid every liquidation and prevent decentralization
Looking at the market, the current price of Ethereum is hitting the 2500 pressure level. At present, the daily K-line has a short-term stretch after breaking the EMA trend indicator. You can pay attention to the upper EMA30 pressure level of 2540, so short-term longs can look at the pressure ahead. If the pressure is not broken, long orders can be left. You can try shorts. MACD dead crosses form and begins to shrink. The long position will not end unless it breaks the 2530 dead cross. The Bollinger Band mid-regular pressure level pays attention to 2525. KDJ has not ended the downward short position. The large-scale trend is mainly short
After the four-hour K-line broke the EMA trend indicator, it began to move downward continuously. The trend is spreading alternately, EMA15 is also hitting the EMA120 pressure level of 2550, MACD is shrinking and increasing, and there is a bottom divergence. DIF and DEA are spreading downward, and the Bollinger Band is opening. The lower rail support is focused on 2460. The Bollinger Band begins to shrink. The trend is biased towards sideways in the short term. It can be seen that today's market will consolidate at the bottom.
Short-term reference: safety first, remember that the market is not 100%, so you must set a good stop loss. Safety first, small losses and big profits are the goal.
2400 to 243 below 0 more, target 2480 to 2510, break to 2550, stop loss 30 points
2530 to 2550 above, short, target 2480 to 2450, break to 2430, stop loss 30 points
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 the owner
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!
