11.17 Zhang Lihui: Ethereum has made up for the rise again. Will the alternating rise continue next week? The latest Ethereum (ETH) market analysis reference!

Last night, Ethereum once again made an unexpected rise to above 3200, and then it fell back to the 1-hour MA220 position. The current market continues to attack MA120 to the upper rail range. It can be seen that the lower rail continues to rise and shrink to the MA60 and MA30 cross support node. The lower space mentioned yesterday no longer exists. This can also be used as a long position replenishment point; MACD0 axis continues to increase in volume, DIF and DEA are again intentionally formed, and the long space is expected to exert force again;

In the 4-hour chart, the Bollinger band opens upward, and the upper rail rises and expands quickly. The current K line is crossing MA30. The lower support considers the overlap position of MA60 and the middle rail. The lower defense position can consider EMA60 and EMA80 and the lower rail range; MACD0 axis is accumulating power and increasing, and the golden cross continues to open. The bulls will continue to rise Exploration;

The daily moving average trend continues to improve. Remember to pay attention to the EMA80 and EMA60 indicators I mentioned. When it reaches above EMA220, it is the day when the upper track rises;

In summary, Li Hui believes that the short-term bullish space is relatively strong. If there is a retracement opportunity, you can continue to maintain a low-long layout to enter the market; the opportunity to enter a short position can be considered after inserting the 14-day high;

Edited at 2:58 am on November 17, Beijing time: It is recommended to enter the market with a light long position when retreating to the 3140-3110 range, and reserve 3050-3020 positions below to cover positions; stop loss 2990; target 3180-3220-3250; break above 3255-3265 and continue to hold above 3300;

Short positions can pay attention to 3255-3265 without breaking, and can enter the market. The specific entry opportunity 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