10.21 Zhang Lihui: Although Ethereum rebounded late, it was not absent. Where are the high-altitude and low-multiple opportunities today? The latest Ethereum (ETH) entry opportunity reference! #BTC要挑战7W大关了吗？ #美股连涨六周 #BTC突破7万大关 #ETH🔥🔥🔥🔥 $ETH
The extreme Ethereum broke through the previous high again last night and rushed to the 2700 mark. Although it was two days late, it was not absent. As Lihui said in his previous Ethereum article, Ethereum is not recommended to be short, and it is necessary to pay attention to the big cake after breaking the previous high! But the big cake did not rebound much last night. Is it another situation of alternating rise? Another result is that on the surface, Ethereum is going to rebound, and everyone will definitely chase it. This is also a means of the dealer. Don’t question it. Whether it is long or short, you need to be defensive!
In the 1-hour chart, the Bollinger Bands are upward, and the lower track is closing upward, approaching MA120. This can be used as a long position opening point. The volume above the 0 axis is strong, and the distance between DIF and DEA is not very wide, indicating that the space is not as scary as the market says;
In the 4-hour chart, the Bollinger Bands channel is open, and the increase continues above the 0 axis. The golden cross continues to open. Consider the MA15 and MA30 intervals for the low-long position of the retracement;
The upper pressure of the daily level currency price considers the upper track and MA120. It is important to say that the Ethereum daily line is not a complete long arrangement, so don’t put too much hope on it! I hope everyone will not be carried away; because MA60 has not started to turn upward, while MA80 and MA120 are still in a downward trend;
Based on the above, Li Hui believes that the current market is too aggressive in buying big cakes. Don’t blindly chase the rise at high levels. After the market digests the good news, it will eventually be liquidated. What is coming will always come!
Li Hui suggests buying more in the retracement range of 2635-2665; stop loss at 2595, target at 2710-2740-2770;
It is recommended to sell short in the range of 2770-2790, target at 2715-2665-2615; if it breaks through the range of 2610-2580, it can continue to hold!
The article review and push are delayed, the market is changing rapidly, the specific entry opportunity must be combined with the actual operation, and the real-time notification shall prevail. The recommended points in the article are for reference only. Do not operate with heavy positions. Please take profit and stop loss when entering the market, and quit when you see good results!
