Academician of the currency circle: On November 16, the head and shoulders pattern of the four-hour K-line of Ethereum appeared, plus the three crows on the daily line. Can the short position continue?

The current price of Ethereum is 3032. It is now 3:25 am Beijing time. Before posting yesterday, I reminded everyone not to go long at 3100. The entry point was very clear. The upper pressure level is difficult to reach, because Ethereum has not reached the expected pressure level after two consecutive pullbacks. Yesterday, I gave the key pressure level of 3180 to 3210 for shorting. The highest daily K-line was 3130, and the lowest was 3014. It was given more than 3040, and the target was 3100. The short-term space of this wave within the day is 60 points. As long as you are not greedy, you can basically get a harvest. Gossip Less said

Let's look at the daily K-line three crows and then the short position. Whether it can step back to the EMA15 trend fast line support point 2950 is the position that needs to be focused on at present. MACD volume continues to decrease, DIF and DEA also begin to shrink, the upper track of the Bollinger band is too high to 3420, and the middle track stretches to 2800. KDJ begins to spread after the downward dead cross is formed, and the pressure level moves down again. This wave of pullback will wait until the daily K-line opens at 8 o'clock in the morning. As long as it does not break 3150, you can continue to short at a high position. If it breaks, you can sell at a small loss. The trend continues

The four-hour K-line has an obvious head and shoulders pattern, and it has continuously fallen below the EMA trend line. In addition, the current dead cross formed by EMA15 and 30 has caused the trend to fall below the EMA60 support point of 3030. MACD has a roller coaster-like shrinkage, and DIF and DEA have fallen below the 0 axis to enter a short trend. The Bollinger band pressure level has moved down, and the middle track has fallen to 3145. From the overall trend, if the head and shoulders pattern is effective, you can choose to short at the key pressure point above, and wait for the low position to end before considering

Short-term Reference: Safety first, remember that the market is not 100%, so you must bring a stop loss. Safety first, small losses and big profits are the goal.

3100 to 3150 above, short, 3200 defense, stop loss 50 points, target 3050 to 3000, break 2950 to 2900

2950 to 2900 below, long, 2850 defense, stop loss 50 points, target 3000 to 3050, break 3100 to 3150

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I am a coin circle academician, a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on!$ETH #ETH行情分析 #以太坊行情分析