11.16 Zhang Lihui: Ethereum bulls are weak and give low-long opportunities again? Where are the opportunities today? The latest Ethereum (ETH) market analysis reference!

Yesterday's article gave the operation of 4-hour EMA160 support for effective intervention. The intraday rebound effect was not very ideal. After reaching the first target 3120, it began to fall back; it was also just at EMA30. EMA30 is always a key point for short-term trading, so today's high point may continue to pay attention to this position; the evening market retreated below EMA60 again. The current Bollinger Band channel is downward, and the lower track has touched the EMA80 position. The K-line is likely to reach this position; the volume below the 0 axis in MACD is still strong, without obvious contraction, and there is no sign of closing of the fast and slow lines, indicating that there is still room below. It is recommended to be bearish here and continue to wait for the callback to enter the low-long market;

In the 1-hour chart, the Bollinger Bands are open, and the upper track is ready to cross EMA80, indicating that there is also space above, but the current K-line is testing the lower track below EMA220, so the long position can be Considering further downward movement, DIF and DEA form a dead cross again, and the volume begins to increase below the 0 axis. The downward force of the market is not very strong. If the K line moves very slowly, then EMA300 can be used as a long entry opportunity. Pay attention to whether it can form a range support with the 4-hour EMA80;

In summary, Li Hui believes that the short-term long space is relatively weak, and you can maintain a high-altitude and low-long layout to enter the market;

Edited at 3:02 am on November 16, Beijing time: It is recommended to enter the market with a light long position when retreating to the 2950-2980 range, and reserve a position of 2890 below to cover the position; stop loss 30 points; target 3070-3120; break above 3130-3140 and continue to hold above 3200;

If it rebounds to the EMA80 position and does not break through during the day, you can go lightly short in the 3130-3100 range, with a target of 3040-2980; the specific entry opportunity for short positions is subject to Li Hui's real-time notification!

There is a delay in article review and push. The market is changing rapidly. The specific entry opportunity must be combined with the actual operation. The real-time notification shall prevail. The recommended points in the article are for reference only. Do not operate with heavy positions. Please bring stop-profit and stop-loss when entering the market. Stop when you see good results! $BTC $ETH