Crypto Circle Academician: Ethereum Hunting Zone Appears at 11.9, Prepare to Start Hunting Mode

　　Current price of Ethereum is 2974, after several days of market divergence moving upwards, it first broke the large-level descending triangle and stretched above the previous high of 2820. Now it faces significant resistance from the descending flag pattern, with huge pressure from 3630 to 3050. Regardless of whether it can break, reaching the trend-level resistance has reason to begin short positions. As always, once in the trading range, do not hesitate or remain silent; execute according to the trading system. If correct, hold; if wrong, cut losses. Remember, we are doing the right thing, do not let various distractions make you doubt your trading system.

　　Yesterday’s daily K-line had a high of 2984. After the market opened at eight this morning, it broke yesterday's previous high and reached 2996. The EMA trend is starting to contract, and EMA15 has dropped below the 120 trend line at 2672. From the market perspective, the support at 2700 is unlikely to hold in the short term, and the support level will continue to stretch upwards. MACD has been continuously increasing its holdings, the upper Bollinger Band lost support at 2934, the current K-line price is 2973, and KDJ is facing clear dull pressure at the 3000 level.

　　The four-hour K-line has continuously shown a bizarre bullish line of nine stars in a row. The EMA15 trend fast line support has come to 2850, with key attention on the 30 trend support at 2750. Due to a severe top divergence in MAMCD, there is noticeable resistance above DIF and DEA. The upper Bollinger Band attention has reached 3100, with mid-band support at 2800. You can find entry and defense points for short positions above.

　　Short-term reference: Safety first, remember that the market is never 100% certain, so always have a good stop loss. Safety first, small losses and big profits are the goal.

　　For shorts above 3020 to 3050, defend at 3100 to add to shorts, stop loss 50 points, target look at 2950 to 2900, breaking point look at 2850 to 2800.

　　For longs below 2750 to 2800, defend at 2700 to add to longs, stop loss 50 points, target look at 2850 to 2900, breaking point look at 2950 to 3000.

Don't forget, the darkest moment is often just before dawn. On the road to pursuing dreams, you are never alone; you still have me.

　　I am a warrior in the crypto circle academy, always protecting the retail investors. I wish my fans financial freedom in 2024. Let's work hard together! $ETH #以太坊行情分析